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G20 Summit LIVE updates: Demonetisation blow to corruption, enlarged formal economy, says PM Modi

G20 Summit live updates: Addressing a BRICS meeting, ahead of the G20, Prime Minister Narendra Modi wished Chinese President Xi Jinping, and promised full cooperation with China.

By: Express Web Desk | New Delhi |
Updated: July 7, 2017 11:06:36 pm
G20 Summit live updates, Narendra Modi, BRICS meet, Modi Xi meeting, Hamburg protests, Xi Jinping, G20 Summit, Angela Merkel, Indian Express French President Emmanuel Macron talks to German Chancellor Angela Merkel as India’s Prime Minister Narendra Modi listens during the G20 leaders summit in Hamburg, Germany July 7, 2017. REUTERS/Philippe Wojazer

The 12th edition of the G20 Summit began on Friday in the port city of Hamburg, Germany as world leaders discussed the fight against terrorism and ways to improve open trade. Speaking on the threat of terrorism globally, Modi regretted that the international response to terrorism was weak and said more cooperation was needed to fight the menace. Naming Pakistan-based terror groups LeT and JeM, PM Modi said some countries were using terror as a tool to achieve political objectives and pressed for “deterrent” action collectively by the G-20 members against such nations. He equated Lashkar-e-Taiba and Jaish-e-Mohamamd to ISIS and Al-Qaeda, saying their names may be different but their ideology is the same.

The theme of the summit is ‘Shaping an Inter-connected World’. The G20 members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union.

G20 Summit live updates:

10:25 pm: Condemning terrorist attacks across the world, G20 leaders pressed for cooperation to counter the terror financing. The G20 leaders’ statement reads:

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“Terrorism is a global scourge that must be fought and terrorist safe havens eliminated in every part of the world. There should be no “safe spaces” for terrorist financing anywhere in the world. We will share knowledge on concrete measures to address threats from returning foreign terrorist fighters and home-grown radicalised individuals. We will work with the private sector to fight exploitation of the internet and social media for terrorist purposes.”

09.45 pm: PM Narendra Modi arrives at Elbphilharmonie Concert Hall in Hamburg, Germany

09.00 pm:

08.55 pm: 

08.45 pm: Need to be forthcoming on climate change action. Developing countries must have enough room to grow, says PM Modi

08.40 pm: PM Modi emphasised the need for cooperation in world of opposing realities. Speaking about the technical facilitation, Official Development Assistance (ODA) commitments, infrastructure, labour mobility and health, PM Modi said that G20 needs to play bigger role. PM spoke about the Sustainable Development Goals (SDG) targets through consistent roadmap for implementation and the national review as per UN guidelines.

08.15 pm: PM Modi meets Canada’s Prime Minister Justin Trudeau in Hamburg on sidelines of G20 Summit

07.55 pm: The Session 2 on Sustainable Development Climate and Energy starts, where PM Modi is the lead speaker.

07.30 pm: At the G20, US President Donald Trump, Russia President Vladimir Putin sit down for the high-stakes first meeting. Trump anticipates ‘positive things happening’.

President Donald Trump shakes hands with Russian President Vladimir Putin at the G20 Summit, Friday, July 7, 2017, in Hamburg. (AP Photo/Evan Vucci)

07.15 pm: India’s decision on demonetization has dealt a blow to corruption, boosted digitisation and enlarged the formal economy. We are ready to carry forward fight against black money and corruption. Hope that G20 will assume leadership to act on all important issues: PM Modi

07.00 pm: PM Modi at Session I on global growth and trade. He said, “GST will create a unified market of 1.3 billion people and build resilience.

06.45 pm: 

06.00 pm: PM Modi said some nations using terrorism for achieving political goals, in an apparent reference to Pakistan. He said, “International response to terrorism is weak.” PM equates Pak-based LeT & JeM to ISIS and Al-Qaeda, says names may be different but ideology is the same.

G20 Summit live updates, Narendra Modi, donald trump, BRICS meet, Modi Xi meeting, Hamburg protests, Xi Jinping, G20 Summit, Angela Merkel, Indian Express Prime Minister Narendra Modi with US President Donald Trump and British Prime Minister Theresa May (Source: Twitter/@MEAIndia)

05.30 pm: 

04.55 pm: Prime Minister Narendra Modi said, “Very important to understand terrorism before action”.

04.45 pm: At the leaders’ retreat, Prime Minister Narendra Modi is the lead speaker on the theme of terrorism. Speaking of terrorism, PM Modi said, “Terrorism is the biggest challenge of our times. I thank Chancellor Merkel for choosing this topic. (आतंकवाद आज सबसे बड़ी चुनौती है।इस विषय को चुनने के लिये Chancellor Merkel का धन्यवाद).”

04.30 pm: World leaders the family photo of G20 leaders

04.00 pm: Amidst Sikkim standoff, Prime Minister Narendra Modi and Chinese President Xi Jinping shook hands at BRICS informal meeting in Hamburg. The two leaders had a conversation on a “range of issues” during the BRICS leaders’ informal meeting.

03.30 pm: US President Donald Trump and his Russian counterpart Vladimir Putin exchanged a handshake for the first time on Friday as they arrived for the G20 summit in Germany, the Kremlin said. “They shook hands and said they will meet separately and see each other soon,” said Kremlin spokesman Dmitry Peskov.

2.50 pm: Speaking of the rising terrorism, Chinese President Xi Jinping appreciated India’s strong resolve against terrorism and success on economic growth.

2.45 pm: The meeting of PM Narendra Modi with Chinese President Xi Jinping, took place for the first time on Friday, amidst a standoff between the armies of India and China in Sikkim. In the light of this, Congress Vice President Rahul Gandhi took to Twitter saying, “Why is our Prime Minister silent on China?”

G20 Summit live updates, Narendra Modi, BRICS meet, Modi Xi meeting, Hamburg protests, Xi Jinping, G20 Summit, Angela Merkel, Indian Express PM Modi wished Chinese President Xi Jinping ahead of the Summit, and promises full cooperation with China. (Source: Twitter/@MEAIndia)

2.31 pm: BRICS urge peers to implement Paris climate accord

In a joint communique, the emerging nations resolved to use all policy tools — fiscal, monetary and structural — to enhance the resilience and potential of emerging markets. They urged their peers of the G20 to support a rules-based, transparent, non-discriminatory, open and inclusive multilateral trading system. Last, they urged the global community to continue to work towards implementing the Paris Climate Accord, reported Reuters.

Remember, US President Donald Trump has rejected both the Paris climate deal, and the move towards an open global trading system.

2.00 pm: PM Modi on Xi, China

PM Modi wishes Chinese President Xi Jinping ahead of the Summit, and promises full cooperation with China. At the BRICS meeting, PM Modi spoke of the geo-political tensions with regard to Qatar in west Asia and North Korea in northern Asia. He expressed confidence that India’s economic growth, along with countries in the BRICS, is surging ahead. He mentioned that the country’s GDP growth touched 7 per cent in the recent quarter and that its reform agenda has been boosted with the implementation of the Goods and Services Tax (GST). “1.3 billion people will now have a unified market,” he said. On terrorism, he said G20 nations should come together to fight terrorism.

1.45 pm: Leaders have started arriving at the venue. German Chancellor Angela Merkel, who is hosting the summit this year, is welcoming each guest. She will soon deliver an opening address.

PM Modi, left, is welcomed by German Chancellor Angela Merkel on the first day of the G-20 summit in Hamburg, northern Germany, Friday, July 7, 2017. (AP Photo)

1.29 pm: Trump says “much to discuss” with Putin

US President Donald Trump says he is “looking forward” to meeting Putin. Taking to Twitter ahead of the G20, he says there’s “much to discuss”.

1.25 pm: German federal police say “an operation is under way against violent individuals”, who targeted patrol cars near a police station in Altona district, and set fire to them.

1.09 pm: The German police said more protesters have taken to the streets, setting vehicles and other property on fire, reported CNN. The protesters are trying to enter the red zone — the cordoned off area near the summit venue — but are being blocked by officers. They told CNN that they would storm police barricades around restricted areas.

Also read: What is the G20 Summit protests? Everything you need to know. Click here.

Some more pictures from the port city:

Smoke billows over the centre of Hamburg, in this still image taken from video, July 7, 2017. REUTERS People look at a burnt-out car in Hamburg, Germany, early Friday, July 7, 2017, after protests against the G-20 summit. (Photo via AP)

12.52 pm: South Korean President on North Korea

South Korean President Moon Jae-in says dialogue with North Korea is more pressing than ever, and that a peace treaty to permanently end the Korean war must be signed. “We do not wish for the collapse of North Korea and we will not pursue any form of unification by absorbing the other. We will not pursue unification by force,” he was quoted as saying by Reuters.

12.33 pm: Ahead of the summit, the World Trade Organisation, International Monetary Fund and the World Bank have called for leaders to boost trade to support workers. In a joint statement, the three institutions said: “The economic wellbeing of billions of people depends on trade. Deeper trade integration twinned with supportive domestic policies can help boost incomes and accelerate global growth. This calls for decisive actions by world leaders gathering for the G-20 Summit this week.”

12.26 pm: Justin Trudeau on Trump, climate change

Canadian Prime Minister Justin Trudeau, in an interview with Bild Newspaper today, said G20 leaders will tell Trump that he should be a role model in addressing climate change, reported Reuters. There’s absolutely no doubt that climate change is happening, he added.

“We’ll tell him it’s important to take a lead role in tackling climate change and creating good jobs,” Trudeau told mass-selling Bild newspaper, adding there was no doubt that climate change was happening.

Canadian PM Justin Trudeau arrives in Hamberg. (Source: Twitter/@JustinTrudeau)

12.20 pm: Trump to meet May

Trump, who landed in Hamburg on Thursday, will hold talks with British PM Theresa May today on the sidelines of the summit. May, who flew to the United States after Trump was elected, received backlash back home. A petition rejecting her offer to host Trump had even raised 1.8 million signatures. Also read: No hotel for US President Donald Trump in Hamburg? Click here.

11.43 am: One of the talking points at G20 summits is corruption, described as one of the biggest impediments to global economic growth and its sustainable development agenda. This year, while the issue is likely to figure in talks, chances of a wider consensus is low, reports PTI. India and China, for instance, are yet to ratify an international convention for a strong foreign anti-bribery law.

11.30 am: The agenda

The summit will begin today with Angela Merkel addressing world leaders. It will be followed by a ‘G20 Leaders’ Retreat’, where leaders will hold discussions on ‘fighting terrorism’. On Friday, the first working session is on ‘global growth and trade’, and the second, on ‘sustainable development, climate and energy’. Later this evening, leaders will be entertained by a musical concert, followed by a dinner.

On Saturday, the second day of the meet, the topic of the third working session is ‘partnership with Africa, migration and health’, and the fourth on ‘digitisation, women’s empowerment and employment’. On Saturday evening, following a closing session, leaders will issue a joint statement, reports PTI.

11:00 am: Merkel ahead of G20

German Chancellor Angela Merkel, who is hosting this edition of the summit, said climate change is a key area which will be discussed. She added that world leaders are determined to honour the Paris climate accord — all except US President Donald Trump. She said talks with Trump will “not be easy”, reports AFP.

Also read: Before G-20, free-wheeling talks on terror; climate, trade on summit table. Click here.

“Since the decision of the United States of America, to withdraw from the Paris Agreement on climate change, we are more determined that ever before to make it a success,” stated Angela Merkel. “We want to master this existential challenge and we can master it, and we will not wait until the last people in the world are finally convinced by the crushing weight of the scientific evidence of climate change. In other world, the climate agreement is not reversible and it is non-negotiable,” she added.

Trump recently withdrew from the deal, saying it was not tough enough on countries like India and China.

10.42 am: Protests in Hamburg turned violent ahead of the summit, with masked anti-capitalist activists hurling bottles and stones at the German police. What began as a peaceful march by nearly 12,000, was halted by police who used water cannons and tear gas to dispurse the crowds. Nine people have been injured in the clashes. Activists are protesting globalisation.

Protesters confront riot police during the demonstrations during the G20 summit in Hamburg, Germany, July 6, 2017. REUTERS/Pawel Kopczynski

Germany witnessed similar protests ahead of the 2001 G8 Summit in Genoa and at the 2015 Frankfurt opening of the new European Central Building.

Oxfam stage a protest demanding less poverty and less inequality from the G-20 summit. A figure of Prime Minister Narendra Modi is seen. (AP Photo)

10.31 am: Trump and Putin to meet

Meanwhile, we are also waiting what happens when US President Donald Trump meets his Russian counterpart Vladimir Putin for the first time. Remember, on one hand Moscow is accused of meddling in the US Presidential elections, while on the other, the US is probing allegations of a collusion between Trump’s presidential campaign and Russia.

10.13 am: India and China at G20

On the sidelines of the summit, PM Modi will hold bilateral talks with Argentina President Mauricio Macri, Canadian PM Justin Trudeau, Italy, Japan PM Shinzo Abe, Mexico PM Enrique Pena Nieto, South Korean President Moon Jae-in, UK PM Theresa May and Vietnam PM Nguyen Xuan Phuc, External Affairs Ministry spokesperson Gopal Baglay had confirmed. He stressed that Modi had no slated meeting with Xi in Hamberg.

In the wake of the standoff between New Delhi and Beijing, China on Thursday had ruled out a meeting between President Xi Jinping and Indian PM Narendra Modi as well.

During PM Modi’s stay in Israel, National Security Advisor Ajit Doval and Foreign Secretary S Jaishankar were in constant touch with Delhi’s East Asia division over the standoff, and kept the prime minister informed on key developments, sources told The Indian Express.

For the last 20 days, China and India have been engaged in a standoff in the Doklam area after a Chinese Army construction party arrived to build a road.

10.03 am: Ahead of his visit to Hamburg, PM Modi had said the G20 countries will review the progess of decision since the Hangzhou Summit in 2016. They will also deliberate issues on terrorism, climate, sustainable development, growth and trade, digitalisation, health, employment, migration, women’s empowerment, and partnership with Africa.

“I look forward to engaging leaders from other G-20 countries on the vital issues affecting our world today that have a bearing on economic growth, sustainable development, and peace and stability. As in the past, I look forward to the opportunity to meet leaders on the side lines of the Summit to exchange views on bilateral matters of mutual interest,” he had said in a Facebook post.

10.00 am: On arriving in Hamburg, Prime Minister Modi’s office tweeted, “PM @narendramodi reaches Hamburg for the G20 Summit. Key multilateral and bilateral engagements will take place through the Summit. Modi, who is on a two-nation tour, arrived in Germany after his historic visit to Israel.

PM Modi being received at the Helmut Schmidt Airport, Hamburg. (Source: Facebook/PIB)

(With inputs from agencies)

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