HomeLatest NewsArgentina has confirmed its support for India's upcoming G20 presidency world...

Argentina has confirmed its support for India’s upcoming G20 presidency world news

New Delhi: Argentina has confirmed its support for India’s upcoming G20 presidency, including advancing the Global South’s development agenda at the G20, according to a joint statement issued by New Delhi and Buenos Aires. The statement came after External Affairs Minister S Jaishankar and Argentine Foreign Minister Santiago Cafiero chaired the Joint Commission Meeting (JCM) on Friday.

Notably, India will assume the presidency of the G20 in September 2023. Expressing satisfaction over the close cooperation between the two countries in multilateral forums, both the ministers agreed to closely cooperate with the United Nations and other multilateral organizations to combat terrorism, global challenges of security. , international and regional peace, climate change, biodiversity loss, fair trade and sustainable development. They reiterated their commitment to international cooperation to address environmental global challenges and called on developed countries and multilateral financial institutions to increase funding, capacity building and technology transfer for developing countries.

“They reiterated their commitment to the UN Charter and emphasized the need for a comprehensive reform of the UN Security Council, including its expansion to make it more representative, accountable, effective and reflective of the contemporary realities of the 21st century. As member states of the UN Group of 77, they promote the interests of developing countries. and agreed to continue working together in multilateral forums to promote South-South cooperation,” the statement said.

Both countries reiterated their commitment to the objectives of the Nuclear Suppliers Group. India congratulated Argentina as Chairman for the period 2022-2023 and Argentina expressed its strong support for India’s membership in the group.

Looking at terrorism and extremism, which pose a threat to regional and global peace, both countries renewed their resolve to combat this grave challenge to humanity, reiterating that the response to terrorism must be comprehensive, taking into account the international framework.

Both the Ministers referred to the recent discussions between India and Mercosur on the extension of the existing Preferential Trade Agreement and emphasized their shared commitment to further promote trade for mutual benefit. “Recognizing the potential of the pharma sector in both countries, the two ministers agreed to promote trade and investment in pharmaceuticals. The EAM requested to explore the possibility of India’s inclusion in the list of countries under Annex I of Argentina’s Decree No. 150 dated January 20, 1990,” According to the statement.

Also Read: S Jaishankar on three-nation tour, pays tribute to Mahatma Gandhi in Argentina

Argentina has detailed the roadmap for the Community of Latin American and Caribbean States (CELAC) during its pro-temporary presidency in 2022 and highlighted the importance of dialogue with other countries and regional blocs, including India.

India reiterated its support for the resumption of negotiations to find a solution to the sovereignty issue related to the Malvinas Islands question as per UNGA and Special Committee on Decolonization resolutions.

Both the Ministers agreed to hold the next round of Joint Commission meetings in India in 2023 at a mutually convenient date. The foreign minister is on an official visit to Brazil, Paraguay and Argentina from August 22-27.

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