The African Union (AU) has become a permanent member of the Group of 20 (G20), a forum of the world’s 20 largest economies. The announcement was made by Indian Prime Minister Narendra Modi on Saturday, as he inaugurated a leaders’ summit in New Delhi.
Modi said that the AU’s membership in the G20 was a “historic moment” and that it would “strengthen the voice of Africa” on the global stage. He also said that the AU’s membership would help to address the challenges facing the continent, such as poverty, hunger, and climate change.
The AU’s membership in the G20 is seen as a major victory for the continent. It is the first time that a regional bloc has been granted permanent membership in the G20. The AU’s membership is also seen as a recognition of the continent’s growing economic and political importance.
The G20 was established in 1999 to promote international economic cooperation. The group’s members account for about 80% of the world’s GDP and about 75% of global trade. The G20 meets annually to discuss a range of issues, including the global economy, climate change, and terrorism.
The AU’s membership in the G20 is expected to give the continent a greater voice in global economic decision-making. It is also expected to help to boost investment in Africa and to promote sustainable development on the continent.
The AU’s membership in the G20 is a significant development that is likely to have a major impact on the continent. It is a recognition of Africa’s growing importance on the global stage and it is a sign that the continent is finally being taken seriously by the world’s major powers.
In his opening speech at the summit, Modi also called on the world to come together to address the challenges facing the global economy. He said that the world must “transform the global trust deficit into one of trust and reliance.”
Modi also called on the world to work together to address issues such as food and fuel security, terrorism, cyber security, health, energy, and water security. He said that these are all “global challenges that require global solutions.”
The G20 summit is expected to be a major opportunity for the world’s leaders to discuss these challenges and to develop solutions. The AU’s membership in the G20 is a major step forward in this effort.