Prime Minister, Shri Narendra Modi’s departure statement prior to attending the G-20 Summit.

“I will be visiting Buenos Aires from 29 November -01 December 2018 to attend the 13th G-20 Summit hosted by Argentina.

The G-20 seeks to promote multi-faceted cooperation among the twenty largest economies of the world. Through the ten years of its existence, G-20 has strived to promote stable and sustainable global growth. This objective is of particular significance for developing countries and emerging economies such as India, which is today the fastest growing large economy in the world.

India’s contribution to global economic growth and prosperity underlines our commitment to “Building Consensus for Fair and Sustainable Development”, which is the theme of the Summit.

I look forward to meeting leaders from other G-20 countries to review the work of G-20 in the last ten years of its existence and chart the ways and means to meet the new and upcoming challenges of the coming decade. We will deliberate on the situation of global economy and trade, international financial and tax systems, the future of work, women empowerment, infrastructure and sustainable development.

Emerging economies, which played a major role in revitalizing the growth in the global economy pursuant to the financial crisis are today facing unprecedented economic and technological challenges. I will highlight the need for reformed multilateralism which reflects the contemporary realities and can effectively strengthen collective action for global good. There is also a serious need to strengthen international cooperation and enhance coordinated action against fugitive economic offenders and financing of terrorism.

As in the past, I look forward to the opportunity to meet leaders on the sidelines of the Summit to exchange views on bilateral matters of mutual interest”.