The economy requires decentralised globalisation, particularly in manufacturing, food, and health.
03 July 2021 Current Affairs:Italy hosted the G20 foreign ministers meeting to discuss the fight against Covid-19 and how to accelerate the recovery of the global economy and promote sustainable development in Africa.
About the Meeting:
♦ It criticized China and Russia for their vaccine diplomacy.
♦ Promoting a science-based, all-encompassing One Health approach.
♦ It also stated that increased climate variability and extreme weather events have an impact on agricultural output and are one of the factors driving the rise in global hunger.
On Africa:
♦ The Covid-19 pandemic, conflict, drought, economic hardship, and extreme weather are undoing years of progress.
♦ Across Africa, 250 million people are experiencing hunger, accounting for nearly 20% of the population (as of 2019).
India’s Stand in the meeting:
♦ Highlighted the issue of "vaccine equity."
♦ It entails both vaccine affordability and access opportunities for populations all over the world, regardless of geography or geopolitics.
♦ The economy requires decentralised globalisation, particularly in manufacturing, food, and health.
♦ Resilient supply chains must emerge concurrently.
About the Meeting:
♦ It criticized China and Russia for their vaccine diplomacy.
♦ Promoting a science-based, all-encompassing One Health approach.
♦ It also stated that increased climate variability and extreme weather events have an impact on agricultural output and are one of the factors driving the rise in global hunger.
On Africa:
♦ The Covid-19 pandemic, conflict, drought, economic hardship, and extreme weather are undoing years of progress.
♦ Across Africa, 250 million people are experiencing hunger, accounting for nearly 20% of the population (as of 2019).
India’s Stand in the meeting:
♦ Highlighted the issue of "vaccine equity."
♦ It entails both vaccine affordability and access opportunities for populations all over the world, regardless of geography or geopolitics.
♦ The economy requires decentralised globalisation, particularly in manufacturing, food, and health.
♦ Resilient supply chains must emerge concurrently.