India's G-20 presidency will be inclusive, ambitious and action-oriented: PM Modi
Bali (PTI): Prime Minister Narendra Modi on Wednesday said India's G-20 presidency will be inclusive, ambitious, decisive, and action-oriented, noting that the country is taking the charge at a time when the world is grappling with geopolitical tensions, economic slowdown and rising food and energy prices.
India was handed over the presidency of the influential bloc at the end of the two-day G-20 summit here which was hosted by Indonesia.
In his remarks at the closing ceremony of the summit, Modi said India will strive to ensure that the G-20 acts as a global "prime mover" to envision new ideas and accelerate collective action over the next one year.
"India is taking charge of the G-20 at a time when the world is simultaneously grappling with geopolitical tensions, economic slowdown, rising food and energy prices, and the long-term ill-effects of the pandemic," Modi said.
"At such a time, the world is looking at the G-20 with hope. Today, I want to assure that India's G-20 presidency will be inclusive, ambitious, decisive, and action-oriented," he said.
India will officially assume the G20 Presidency on December 1.
The next G20 Leaders' Summit at the level of Heads of State/Government is scheduled to be held on September 9 and 10 in New Delhi.
The prime minister said India's presidency of the G-20 is a proud occasion for every Indian and that the country will organize G-20 meetings in different cities and states.
"Our guests will get full experience of India's amazing diversity, inclusive traditions, and cultural richness. We wish that all of you will participate in this unique celebration in India, the 'Mother of Democracy'. Together, we will make the G-20, a catalyst for global change," he said.
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West Asia: India supplied 22,000 MT of high-speed diesel to Bangladesh in March, says MEA
New Delhi (PTI): Amid the ongoing West Asia conflict, India has supplied 22,000 metric tonnes of high-speed diesel to Bangladesh in March and has received a request from Seychelles and the Maldives to meet their energy requirements, the MEA said on Friday.
At his weekly briefing, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal in his response to a query related to requests received from India's neighbouring countries for fuel amid the West Asia situation, also said that India is "finalising a government-to-government agreement" for the supply of oil and gas, which will play an important role in reinforcing energy security of Mauritius.
The conflict in West Asia has now stretched to nearly 50 days, with global ramifications.
"So, we have received requests from our neighbouring countries for supply of fuel, and these are being looked into, keeping in mind our own requirements, availability and refining capacity," Jaiswal told reporters.
He further said India has "supplied 22,000 metric tonnes of high-speed diesel to Bangladesh in March 2026, and further supplies have continued this month as well".
"You would recall that last month we had supplied 38 metric tonnes of petroleum products to Sri Lanka as well," he added.
External Affairs Minister S Jaishankar visited Mauritius last week, the MEA spokesperson said, adding, "We are finalising a government-to-government agreement for supply of oil and gas, which will play an important role in reinforcing the energy security of Mauritius".
As far as Nepal is concerned, there is an existing arrangement between Indian Oil Corporation and Nepal Oil Corporation to supply petroleum products to Nepal as per its requirements. The supplies are continuing without any interruption, he said.
Energy supplies to Bhutan also continue according to the existing arrangement.
"As I had mentioned earlier, we have received a request from Seychelles and the Maldives to meet their energy requirements. We continue to be in touch with them in this regard, and are considering the request keeping in mind our own domestic requirements and availability of fuel.
"I would also like to add that our neighbouring country governments have expressed appreciation for the uninterrupted supply, fuel supply to them during the West Asian conflict," Jaiswal said.
Global oil and gas prices surged after Iran restricted the transit of ships through the Strait of Hormuz, a narrow lane between the Persian Gulf and the Gulf of Oman that handles roughly 20 per cent of global oil and LNG trade.
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