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Prime Minister Narendra Modi to attend virtual G20 summit on coronavirus epidemic

Prime Minister Narendra Modi will attend the ‘Extraordinary Virtual G-20 Leaders’ Summit on coronavirus epidemic through video conference on March 26, 2020.

The virtual summit is planned by Saudi Arabia, the current chairman of the group. Virtually for the first time, the group of the world’s major 20 economies will convene to discuss the global crisis.

In a tweet, the prime minister said the G20 has an important global role to play in combating the COVID 19 epidemic and looks forward to productive discussions.

Virtual G20 Summit

  • The summit is expected to begin at 5:30 PM and continue till 7 pm.
  • Leaders of other major 20 world economies will also be involved through video conferencing.
  • The summit will be chaired by King Salman of Saudi Arabia.
  • The action plan to fight the COVID-19 epidemic is expected to be ready during the virtual summit.

Major expectations!

  • A common action plan is expected to be planned to tackle the rapid spread of coronavirus in the world.
  • The leaders are also expected to come up with a strategy to mitigate the global economic impact of the coronavirus epidemic and reduce measures to combat it.
  • Member States can discuss and announce the economic package to deal with the COVID-19 situation.
  • They are also expected to discuss the steps taken towards the treatment of coronavirus and its vaccine.
  • Countries can also exchange the measures adopted to control the spread of infection.

Background

  • The coronavirus epidemic has so far affected more than 150 countries around the world. More than 3, 80000 cases have been reported worldwide, including more than 16000 deaths. Italy has been the most affected by the outbreak of the virus outside mainland China.
  • This current situation is expected to bring one of the worst recessions ever in the world. The global growth outlook for 2020 is projected to be negative.
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