Tag: G20 Summit

  • Growing Saudi-India partnership: MBS and Modi discuss expanding trade goals

    Growing Saudi-India partnership: MBS and Modi discuss expanding trade goals

    Indian Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman held discussions on trade ties in New Delhi after the G20 Summit. The leaders met at the Hyderabad House, New Delhi, for the Saudi-Indian Strategic Partnership Council meeting. During the talks, they covered various areas of cooperation and regional and international topics of mutual interest.

    Modi expressed satisfaction with the discussions, highlighting synergy with Saudi Arabia. He emphasized the potential for collaboration in grid connectivity, renewable energy, food security, semiconductors, and supply chains.

    The meeting involved senior officials from Saudi Arabia, including Minister of Energy Prince Abdulaziz bin Salman, Foreign Minister Prince Faisal bin Farhan, and Minister of Investment Khalid al-Falih. Falih mentioned the possibility of establishing an office for Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, in India’s tax-neutral financial services center, Gujarat International Finance Tec-City.

    Furthermore, the Saudi Export-Import Bank (Saudi EXIM) and the India Export-Import Bank (India EXIM) signed an agreement to boost exports and mutual market presence.

    This gathering followed the announcement of a multinational rail and ports deal involving India, Saudi Arabia, the United States, the European Union, the United Arab Emirates (UAE), and other global leaders. The deal aims to connect the Middle East and South Asia through the India-Middle East-Europe Economic Corridor, enhancing connectivity and reducing shipping costs.

    US President Joe Biden viewed this agreement as a significant step and a counter to China’s Belt and Road Initiative.

  • India to be renamed soon?

    A proposal to officially change India’s name to Bharat may be tabled by the Narendra Modi-led government during the upcoming special session of the Parliament from September 18-22.

    Speculation about the name change was fuelled amid reports that Rashtrapati Bhawan has sent an invite for a G20 dinner on September 9 in the name of “President of Bharat” instead of the usual “President of India”.

    The Constitution of India currently refers to the country as “India, that is Bharat…”, but there is a growing call among the ruling party’s right-wing support base to amend this to simply “Bharat”.

    Bharatiya Janata Party (BJP) Member of Parliament Parvesh Verma has also prepared a private member’s bill seeking to amend the Constitution’s preamble to remove the word India even as lawmakers have been informed that there will be no private members’ day or zero question hours during the special session.

    Verma’s bill says the name Bharat has been widely recognised internationally as an alternate name for India as reported by Hindustan Times.

    “By officially adopting ‘Bharat’ as the formal name of our nation, we will establish a unified identity in global forums, promoting India’s cultural and historical heritage on the international stage. Renaming India as ‘Bharat’ will reinforce our cultural identity, foster national unity, and project a more authentic representation of our country’s rich heritage on the global stage.” It adds this move will align with the aspirations of the citizens seeking to embrace and “celebrate our cultural roots.”

    There was no official confirmation of the introduction of the renaming bill even as the Opposition Indian National Developmental Inclusive Alliance (INDIA) bloc constituents linked the reference to the Bharat in the G20 invite to the BJP’s nervousness over the formidable challenge they pose to the ruling party.

    On the previous Thursday, the government announced a special session, triggering speculation that it has been convened for a Uniform Civil Code legislation, the celebration of India’s G20 presidency, and the new Parliament building, etc.

    BJP’s ideological fount, the Rashtriya Swayamsevak Sangh (RSS), has been pushing for the change in name from India, using Bharat in its communication.

    Congress leader Jairam Ramesh hit out at Prime Minister Narendra Modi over the Rashtrapati Bhawan’s invite for the G20 dinner on September 9 in the name of “President of Bharat” instead of the usual “President of India”. In a post on X (formerly Twitter), he cited the Constitution’s Article 1 that “Bharat, that is India, shall be a Union of States” and added now even this “Union of States” is under assault.

    Delhi chief minister Arvind Kejriwal asked the BJP whether it would change the name of Bharat if the opposition alliance INDIA renamed itself Bharat.
    “There is no official information about it but I have heard rumours. Why is this happening? Some parties have come together to form the INDIA bloc. If the INDIA alliance changes its name to Bharat, will they rename Bharat?” Kejriwal said. “This is treason.”

    People took to X to question the alleged decision by the BJP. Chief Minister of Tamil Nadu, M.K.Stalin, said, “After Non-BJP forces united to dethrone the fascist BJP regime and aptly named their alliance #INDIA, now the BJP wants to change ‘India’ for ‘Bharat.’”

    Member of Parliament for Thiruvananthapuram, Kerala, since 2009 and writer Shashi Tharoor and said, “I hope the government will not be so foolish as to completely dispense with “India”

    Investigative Journalist Saurav Das took a rather humorous take and questioned why ‘Prime Minister of India’ isn’t being called ‘Emperor of Bharat’.

    Journalist Nidhi Razdan questioned whether every stakeholder was contacted in this regard or not stating that India belongs to all instead of one political party.

  • Chinese President Xi Jinping scolds Canadian PM Justin Trudeau over media leaks

    Chinese President Xi Jinping scolds Canadian PM Justin Trudeau over media leaks

    Chinese President Xi Jinping scolded Canadian Prime Minister (PM) Justin Trudeau in an on-camera dressing down at the G20 summit.

    Xi Jinping on Wednesday criticised PM Trudeau in person over alleged leaks of their closed-door meeting at the G20 summit, a rare public display of annoyance by the Chinese leader.

    In video published by Canadian broadcasters, Xi and Trudeau can be seen standing close to each other and conversing via a translator at the summit on the Indonesian island of Bali.

    “Everything we discussed has been leaked to the papers. That is not appropriate,” Xi remarks.

    Speaking evenly and wearing a slight smile, he says: “And that’s not the way (our discussion) was conducted, was it?”. As Trudeau listens in silence, the Chinese President addresses him directly, “If there is sincerity, we can have conversations based on an attitude of mutual respect. Otherwise, the results will be unpredictable.”

    Xi then appears to try to walk past Trudeau, but the Canadian leader replies: “In Canada, we believe in free, open and frank dialogue, and that is what we will continue to have.

    “We will continue to look to work constructively together, but there will be things we disagree on,” he tells Xi.

    Raising his hands, Xi cuts him off, saying bluntly: “Create the conditions. Create the conditions.” He then broadens his smile, barely looking at Trudeau as he shakes his hand and leaves his counterpart to make his way out of the room.

    Neither the Chinese foreign ministry nor state media have published anything on talks between Xi and Trudeau. The two held a 10-minute informal meeting on the sidelines of the G20 summit on Tuesday.

  • Saudi Arabia angers India over new currency notes

    Saudi Arabia angers India over new currency notes

    India has lodged a protest over the issuance of Saudi Arabia’s new currency notes that do not feature Jammu and Kashmir as a part of India.

    The 20 Riyal bank note was issued by the Saudi Arabian Monetary Authority on October 24 to mark the Kingdom’s presidency of the upcoming G20 summit in November. The note, with an image of the world map, has shown Kashmir as separate states and not belonging to any of the rival Asian states of Pakistan and India.

    Anger erupted in India because of the map, even though the country has illegally occupied the territory of Kashmir and there is a United Nations Security Council (UNSC) decree recognising it as an international dispute.

    External Affairs Ministry spokesperson Anurag Srivastava is reported to have said that New Delhi has raised “serious concerns” about the banknote both at the Saudi Embassy in India, as well as at India’s embassy in Riyadh.

    “We have taken up this gross misrepresentation of India’s external territorial boundaries on an official and legal banknote of Saudi Arabia… we’ve asked the Saudi side to take urgent corrective steps in this regard,” he said.

    Additionally, it was found that the distortion was in the Pakistani map as well.

    The G20 summit is set to be held from November 21-22 this year in Saudi Arabia and India is a part of it. Although the relations between Saudi Arabia and India are seen as healthy, with Saudi crown prince Mohammed bin Salman referring to India’s Narendra Modi as his “elder brother” during a meeting last year, the new developments might create some hurdles.

    Earlier, India put a ban on Qatar-based broadcaster Al Jazeera in 2015 for publishing a map of the country that excluded Kashmir. Also, the country has frequently censored the Economist magazine for showing Kashmir as a disputed region.