Why Putin had talked to PM Modi on phone..?
Russian President Vladimir Putin also had a telephone conversation with indian prime minister PM Modi on
Monday, august 28. During this he discussed the G20 conference. The two leaders also discussed the
importance of the agreements reached at the recent BRICS summit in South Africa, including the expansion
of BRICS. The PMO said that prime minister Narendra Modi spoke to Russian President Vladimir Putin and
reviewed the progress on several issues of bilateral cooperation.
The two leaders intend to implement large-scale energy projects, expand logistics infrastructure. Also
confirmed the intention to develop space cooperation between the two countries.
Putin will not come to india for G20 summit
The PMO informed that President Putin expressed his inability to attend the G20 Summit in New delhi on
9-10 september 2023 and informed that russia will be represented by the Foreign minister of the Russian
Federation, Sergei Lavrov. Expressing agreement with Russia's decision, the prime minister thanked
President Putin for Russia's continued support to all initiatives under India's G20 chairmanship.
What is G-20 conference?
The G-20 is an international forum for governments and central banks. It has been named G20 considering
the countries included in this group. G20 is the main platform to decide opinions on important issues like
international economic cooperation, terrorism, human trafficking, global warming. These platforms represent
approximately 85% of world GDP, more than 75% of global trade and nearly two-thirds of the world
population. Two-thirds of the world's population belongs to the G-20 countries. G20 was established in the
year 1999. Its first conference was held in december 1999 in Berlin, the capital of Germany. At that time
this group was formed to discuss policies related to promoting international financial stability.