THE G20 Summit in Rio de Janeiro in Nov. 18-19 arrived at a critical juncture as global leaders face significant economic headwinds and mounting geopolitical tensions. The summit emphasized a development-centric global agenda, making development inclusive and beneficial to all. Leaders discussed channeling resources into trade, investment and development cooperation while advocating for an open, inclusive and nondiscriminatory environment for international economic collaboration.

The summit also had an intensive discussion on climate and environmental action, emphasizing the need to support developing countries in adopting sustainable practices to tackle climate change, biodiversity loss and pollution, fostering harmony between humanity and nature. Another important discussion was on strengthening multilateralism, where a call was put forward to uphold the UN-centered international system, the rule of international law and equitable global governance norms.