Prime Minister Narendra Modi emphasised the importance of not posing any restrictions on energy supply and called for stability while emphasising the importance of resolving the Ukraine conflict through diplomacy at the G20 Summit in Bali on Tuesday.
Climate change, the Covid-19 pandemic, the developments in Ukraine and the global problems associated with them have caused catastrophe in the world, with global supply chains in “ruins,” according to PM Modi.
The Prime Minister's call for no restrictions on energy supplies coincided with the West's call to boycott Russian oil and gas in light of Moscow’s invasion of Ukraine.
“As the world's fastest-growing economy, India's energy security is critical for global growth. We must not promote any restrictions on energy supply and the energy market must be stable,” Modi said at the food and energy security session, attended by world leaders including US Vice President Joe Biden and Russian Foreign Minister Sergey Lavrov on behalf of President Vladimir Putin.
He also said that India is committed to clean energy and environmental protection.
Apart from food and grain supply, Prime Minister Modi reiterated his call for a peaceful resolution through the dialogue of the Russia-Ukraine conflict.
PM Modi said that I have repeatedly spoken that we must find a way to return Ukraine to the path of ceasefire and diplomacy.
“During World War II, the leaders made a concerted effort to follow the path of peace. It's now our turn. We bear the responsibility for establishing a new world order in the post-Covid era,” Modi said.
The world needs “concrete and collective resolve” to ensure peace, harmony and security and I am confident that when the G20 meets next year in the holy land of Buddha and Gandhi, we will all agree to send a strong message of peace to the world,” PM added.
G20 includes the country like Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union.