Indian Prime Minister Narendra Modi on Sunday announced the end of the G20 Summit in New Delhi. This came after he marked the ceremonial transfer of the G20 Presidency by handing over the gavel to Brazilian President Luiz Incio Lula da Silva.

Lula hailed India for giving voice to topics of interest of emerging economies.

Speaking at the session, Modi proposed a virtual G20 Session in November before the Presidency goes to Brazil.

"As you all know India has the responsibility of G20 Presidency till November 2023. In these two days, all of you gave a lot of suggestions and placed proposals. It is our duty that the suggestions we have received be reviewed once again so as to see how their progress can be sped up," he said.

"I propose that at the end of November, we hold a virtual session of G20. We can review the topics decided in this Summit, in that virtual session...I hope you all will connect in the virtual session...With this, I declare the conclusion of G20 Summit."

Speaking on the occasion, Lula da Silva congratulated PM Modi and thanked India for its efforts to give voice to the topics of interest to emerging economies.

Lula da Silva also listed social inclusion, the fight against hunger, energy transition and sustainable development as G20 priorities.

"We want greater representation for emerging countries at the World Bank and the IMF," he said.

Source: ANI