At G7 Summit, PM Modi calls for establishing International Mobilisation Partnership for Accelerating Connectivity and Trade
Evian, June 17
Prime Minister Narendra Modi on Wednesday called for strengthening international solidarity as disruptions in fuel, fertiliser and food supply chains caused by the crisis in West Asia will continue to impact the Global South for a considerable period.
Addressing the Group of Seven (G7) Summit's Outreach Session on 'Reviving a Balanced, Shared and Sustainable Economic Growth for All', PM Modi noted that India's experience showcases that shared development can help tranform aspiration into reality.
Sharing details about his participation in the G7 Summit session, PM Modi wrote on X: "At the G7 Summit in Evian, addressed the Outreach Session on 'Reviving a Balanced, Shared and Sustainable Economic Growth for All.' It is good that the French G7 Presidency has given importance to this topic. The reality today is - when it comes to growth, the question should not be about GDP or trade numbers. The real question is - Growth for whom, with whom and in what direction?"
PM Modi mentioned that India's growth story is one of inclusion, scale and democratic empowerment.
"It is inspired by 'Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas' (Together with all, Development for all, Trust of all, Efforts by all). And, it has been reflected on countless occasions such as India's G20 Presidency, the launch of India-Middle East-Europe Economic Corridor (IMEC) and more."
"The disruptions in fuel, fertiliser and food supply chains caused by the crisis in West Asia will continue to impact the Global South for a considerable period. If we genuinely seek to strengthen international solidarity, the most vulnerable countries should not be left to bear the burden of these crises alone. Our international financial institutions should develop support mechanisms that help developing countries absorb these shocks and maintain their economic resilience," he added.
PM Modi noted that many societies are becoming ageing societies while India and other nations of the Global South have abundance of young talent, entrepreneurship and skills. In order to harness this complementarity, PM Modi called for creating a Global Skills Partnership, where the nations can work together on skill mapping and promoting trusted skilled mobility.
"Like the vision of IMEC, can we work on connectivity projects with countries in Africa, Latin America and the Pacific Islands? By combining G7 capital, India's talent and the ownership of Global South countries, we may also consider establishing an International Mobilisation Partnership for Accelerating Connectivity and Trade (IMPACT)," he posted on X.
Ahead of the session, PM Modi also interacted with several world leaders, including his Italian counterpart Giorgia Meloni, UK PM Keir Starmer, Brazilian President Luiz Inacio Lula da Silva, German Chancellor Friedrich Merz and the International Monetary Fund (IMF) Executive Director Kristalina Georgieva.
— IANS
Reader Comments
Finally a leader who understands the Global South's pain! Modi ji is right - West Asia crisis is hitting our farmers hard with fertilizer prices. We need solidarity, not just sympathy. Good to see India taking leadership role at G7! 👏
Impressive vision but let's be realistic - IMEC hasn't fully materialized yet. How will IMPACT be different? We need concrete timelines, not just X posts. Also, why no mention of China's Belt and Road? That's the elephant in the room.
Love the "Sabka Saath, Sabka Vikas" spirit! India's democratic model is perfect for this. But we should also focus on simplifying visa processes for students and workers if we want true Global Skills Partnership. 🤝
As someone from rural India, I can see how connectivity projects could help our farmers export directly. But will this trickle down to villages? Or just benefit large corporates? Need more focus on technology transfer and local capacity building.
S Samantha B (from USA) I appreciate India's focus on inclusive growth. The "growth for whom" question is something all nations should ask. But can IMPACT really work with different political systems? Hope it's not just another talk shop. M Michael C (from UK We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.