Australian Prime Minister Anthony Albanese said he was honoured to join world leaders at the New Delhi G20 Leaders’ Summit this weekend, hosted by Prime Minister Narendra Modi.
Prime Minister Albanese, alongside other world leaders, convened in New Delhi over the weekend for the G20 Leaders’ Summit to address pressing global economic challenges.
During the his bilateral meeting with Indian PM Modi, PM Albanese prioritised expediting the resolution of both the Australia-India CECA to enhance Australian trade and boost the economy.
Among the topics discussed were measures to alleviate the cost of living, emphasizing free, fair, and rules-based trade, bolstering supply chain resilience, and ensuring food and energy security. Australia’s participation in the G20 Summit provided an opportunity to collaborate with major economies globally, shaping solutions for both the region and the world.
“I thank Prime Minister Modi for India’s Presidency of the G20 this year, and look forward to working closely with President Lula da Silva as Brazil assumes the Presidency for 2024.”
Australian Prime Minister Anthony Albanese
Climate change was a prominent issue on the agenda, with Prime Minister Albanese advocating for collective action and outlining Australia’s strategy to become a renewable energy superpower. Australia also lent support to G20 efforts aimed at establishing more effective and accessible multilateral development banks to aid developing countries, including those in the Pacific, in pursuing sustainable development and addressing climate change.
Discussions at the Summit shed light on the detrimental impact of Russia’s illegal invasion of Ukraine on the global economy and the suffering of the Ukrainian people.
During his time at the Summit, Prime Minister Albanese engaged in bilateral meetings with some of Australia’s closest allies, including Indian Prime Minister Modi and Prime Minister Kishida of Japan. Together, they celebrated the early progress achieved under the Joint Declaration on Security Cooperation, notably the recent entry into force of the Australia-Japan Reciprocal Access Agreement, which facilitates more frequent defense training and joint exercises in collaboration with other partners to enhance regional security.
Additionally, Prime Minister Albanese and Prime Minister Kishida emphasized the importance of ongoing cooperation regarding their respective commitments to energy transition.