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Economic issues take a back seat at G20 summit

A day after Paris Attacks, the G20 summit was held in Antalya, Turkey. The deadly attack stressed the need to fight against terror, especially against ISIS again. Leaders from 26 countries were present. On behalf of India, Prime Minister Modi proposed a 10-point plan to tackle terrorism and also pledged to hike renewable energy output.

Pointing to shift from carbon credit to green credit, Modi suggested efforts to build support systems focusing on nations with maximum growth potential and have a critical priority on infrastructure financing. Talking about terrorism, he said: “the world must speak in one voice and act in unison against terrorism, without any political considerations.”

Australian Prime Minister Malcolm Turnbull focused on trade talks. He secured agreement from the European Union leadership for negotiating a free trade agreement between EU and the nation in 2017. Before G20 meet, Turnbull had sought the support of German Chancellor Angela Merkel for the same.

Russian President Vladimir Putin announced a consolidated fight against terror. Pointing to ISIS funding, he said that 40 countries around the globe are supporting ISIS financially. Some G20 countries are also on the list.

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