PM Modi seeks peace, unrestricted energy supplies at G20 | India News – Times of India

PM Narendra Modi sought efforts akin to those after the second world war to return to the path of peace as he said Tuesday that the world today was faced with a crisis of essentials and that multilateral institutions including the UN had failed to deal with challenges emanating from the Ukraine conflict, Covid-19 and climate change.
Addressing a G20 meeting on food and energy security in Bali, Modi also sought stability in the energy market, which has been threatened by the upcoming EU sanctions and G7 price cap on Russian oil, including unrestricted energy supplies. He said India’s energy security was important for global growth as the country remained the world’s fastest growing economy. Describing the fertilizer scarcity as a huge crisis, the PM also said today’s fertilizer shortage is tomorrow’s food crisis.
Significantly, a draft declaration by the G20 member-states, which is yet to be adopted, mentioned Modi’s remark earlier to Russian Vladimir Putin that this wasn’t the era of war. Russian foreign minister Sergey Lavrov accused the G20 of politicising the joint declaration under discussion as it said most members strongly condemned the war in Ukraine. With India and China not among the countries supporting condemnation of Russia’s actions, the declaration acknowledged there were other views and different assessments of the situation.
In his address, Modi said he had repeatedly called for finding a way to return to the path of ceasefire and diplomacy in Ukraine. “Over the past century, the second world war wreaked havoc in the world. After that, the leaders of that time made a serious effort to take the path of peace. Now it’s our turn. The onus of creating a new world order for the post-Covid period lies on our shoulders. The need of the hour is to show concrete and collective resolve to ensure peace, harmony and security in the world,” he said, adding he was confident that next year, when the G20 meets in the “holy land of Buddha and Gandhi,” all will agree to convey a strong message of peace to the world. India, which is taking over the G 20 presidency from Indonesia, will hold the summit next year and, as Modi said, look to forge a global consensus on issues like food and energy security.
Modi said developments related to Ukraine and the pandemic had caused havoc in the world and global supply chains were in ruins. ” There is a crisis of essentials, essential goods all over the world. The challenge for the poor citizens of every country is more severe. They do not have the financial capacity to deal with the double whammy. We should also not hesitate to acknowledge that multilateral institutions such as the UN have been unsuccessful on these issues. And we have all failed to make suitable reforms in them,” said Modi, adding the world now has greater expectations from the G-20.
As India continues to buy discounted Russian oil, while warning the international community to not do anything to jeopardise the global economy, Modi said it’s important to not promote any restrictions on the supply of energy. “Time-bound and affordable finance and sustainable supply of technology to developing countries is essential for inclusive energy transition,’’ he said.
Modi also called for building mutual agreement to keep the supply chain of both manure and food grains stable. “During the pandemic, India ensured food security for its 1.3 billion citizens. At the same time, food grains were also supplied to many countries in need. The current shortage of fertilizers in terms of food security is also a huge crisis. Today’s fertilizer shortage is tomorrow’s food crisis, for which the world will not have a solution,” he said.

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