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INTERNATIONAL

from eclipsing the G20’s broader agenda.
Instead, it prioritized dialogue and diplomatic
efforts in strict adherence to the principles
enshrined in the United Nations Charter.
This resolute commitment to dialogue and
diplomacy emerged as a guiding principle,
underpinning the G20’s cooperative spirit.
Russia’s Pledge to Global Stability: Russia, as
a steadfast guarantor of global stability, pledged
its unwavering commitment to ensuring
the availability of essential resources. This
commitment extended to securing the supply
of food, fertilizers, and energy resources. In
this regard, Russia articulated its intention Side Events: Fostering Global Infrastructure: Side Events at
to foster deeper economic cooperation with the G20 Summit While the core deliberations of the 2023 G20
friendly partners who collectively represent Summit in New Delhi set the stage for decisive action on global
the majority of the world’s population. challenges, the summit’s side events illuminated the path toward
To facilitate this cooperation, Russia turned catalyzing global prosperity and connectivity. This section explores
to platforms such as the Eurasian Economic the significant side events, particularly the Partnership for Global
Union (EAEU), BRICS, the Shanghai Infrastructure and Investment, and the transformative agreements
Cooperation Organization (SCO), and the that emerged.
Association of Southeast Asian Nations
(ASEAN). These regional frameworks played The Partnership for Global Infrastructure and Investment: A
a pivotal role in advancing economic ties and Vision of Connectivity: Among the prominent side events that
regional integration. unfolded during the G20 Summit, the Partnership for Global
Infrastructure and Investment stood out as a witness to visionary
Russia also underscored its intention to cooperation. Co-hosted by the United States President Joe Biden
leverage the Greater Eurasian Partnership— and Indian Prime Minister Narendra Modi, this initiative marked
a flagship foreign policy initiative under a resolute commitment to bolstering high-quality infrastructure
President Vladimir Putin’s visionary projects and economic corridors that would enhance global
leadership. This initiative promised to connectivity.
further enhance economic collaboration and
integration across a vast geographic expanse. In an era where the world is increasingly interconnected, this
A Commitment to Ongoing Collaboration: partnership addressed the imperative need for robust infrastructure
As the G20 summit concluded, the that can facilitate the seamless flow of goods, services, and ideas
commitment to ongoing cooperation echoed across borders. By doing so, it not only bolstered economic growth
resoundingly. New Delhi’s announcement but also laid the groundwork for enhanced collaboration and
of an additional G20 leaders’ meeting via understanding among nations.
videoconference in November stood as a
witness to this commitment. It signified the Unlocking Economic Potential: The India - Middle East - Europe
intent to continue the momentum generated Economic Corridor (IMEC): One of the most significant outcomes
by the summit, ensuring that the G20’s agenda of the Partnership for Global Infrastructure and Investment was the
remains a dynamic force for positive change. agreement on the India - Middle East - Europe Economic Corridor
Furthermore, Russia looked ahead to (IMEC). This transformative corridor holds immense potential for
productive coordination with Brazil and South regional and global trade growth, promising to unlock economic
Africa, who would assume the G20 presidency opportunities across multiple continents. The IMEC, spanning
in 2024 and 2025, respectively. These from India to the Middle East and into Europe, envisions a corridor
collaborative endeavours held the promise of of trade and economic cooperation that transcends geographical
innovative initiatives, drawing from domestic boundaries. It promises to facilitate the movement of goods,
experiences and potential achievements, investment, and people, thereby catalysing economic growth and
to address pressing global challenges and prosperity in regions that are both historically and geographically
advance the shared goals of the G20. linked.

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