PM Modi with (from left) Brazil’s President Michel Temer, China’s Xi Jinping, Russia’s Vladimir Putin and South Africa’s Jacob Zuma at the G20 summit in Hangzhou. The Prime Minister said that a stable global economic and financial system is imperative for growth as it promotes inclusive and sustainable growth. Vikas Swarup, the spokesman for the Ministry of External affairs, quoted the prime minister in a series of tweets. Important mechanisms like financial stability board should stick to their core mandate,” Modi was quoted as saying, in a reference to the International Monetary Fund. Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK, the US and the European Union make up the G20.

Source: The Telegraph September 05, 2016 05:15 UTC