Fight corruption, black money, says Modi at G20

Prime minister Narendra Modi also spoke about robust international trade and investment opportunities

GN Bureau | September 5, 2016


#Hangzhou   #BRICS   #Narendra Modi   #China   #G20 summit  
Narendra Modi speaks at G20 summit
Narendra Modi speaks at G20 summit

Modi said that G20 should work towards absolutely zero tolerance on black money and corruption. “This will benefit the entire world.”


Addressing world leaders at the G20 Summit at Hangzhou in China, Modi spoke about robust international trade and investment opportunities. The prime minister said that vision of transparent, equitable, non-discriminatory, open, inclusive and rule-based global trading architecture should underpin collective efforts.


He added, “Global trading regime must respond to needs and priorities of developing nations."


The prime minister said knowledge and innovation driven economy requires free mobility and India's priority is to work towards Trade Facilitation Agreement for Services. He said G20 needs to act to stimulate investment flows.


“Transformed and liberalised investment regime has put India among top host nations for FDI,” added Modi.


He mentioned that energy is vital to support development and a balanced mix of nuclear, renewable energy and fossil fuels is the core of our policy.


ALSO READ: India makes it more difficult to deal in black money




Comments

 

Other News

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Delhi moves to real-time traffic management

The Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved implementation of the ITMS Project by Delhi Police at an estimated cost of Rs.1,789.52 crore, inclusive of taxes. The project will cover 42 identified traffic corridors and will be implemented in three

MDR on UPI: Can sustainability come without weakening the network?

The extraordinary transaction volumes and value (₹29.82 Lakh crore in August 2026 alone) of the Unified Payments Interface (UPI) have made it not only an Indian success story, but a global one. In 2024, UPI accounted for nearly 49% of the world’s real-time payment transaction volume, with more th

The Xi-Trump summit: The unending rivalry

Diplomacy is akin to an art, wherein the summitry, conflict resolution and negotiations form apt constituents of the entire context of deal making and “playing for keeps” in the international arena. The Xi-Trump summit in Washington last week, in which the American president broke all conside

“Indians, yet treated like outsiders”

Moving to Delhi-NCR for education can be an exciting experience for students from Northeast India. It gives us a chance to meet new people, experience a different culture and become more independent. But living away from home also comes with challenges that people who have not experienced them may not al

Import duty on major edible oils cut

The government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils with a view to moderating domestic edible oil prices, providing relief to consumers and mitigating inflationary pressures arising from the sharp increase in international edible oil prices.  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter