NEW DELHI: With India being the largest recipient of remittances in the world, Prime Minister Narendra Modi will at the G20 Summit this weekend press for cutting transaction cost for transferring money from abroad.
Modi, who will attend the 10th G20 Summit at Antalya, Turkey, on November 15 and 16, will also voice concern over delay in implementation of the quota reform of the International Monetary Fund (IMF) are aimed at giving more voice and voting power to the emerging economies.
“My visit to Turkey for G20 Summit will commence on November 14,” the Prime Minister said in a series of Facebook posts.
The Summit, he said, is being held at a critical juncture – just after the adoption of Sustainable Development Goals agenda at the United Nations, and just before discussions on climate change at COP-21 in Paris on November 30-December 1.
It will review the progress on decisions taken at last Summit in Brisbane and take up issues of climate change, terrorism, refugees, weak growth in global economy, strategies for growth and employment, investment strategies, trade, energy and financial sector resilience.
“Like last year, India’s focus on mitigating the menace of black money, tax erosion and bringing greater transparency remains,” he said.
On the sidelines, Modi will have several bilateral meetings with world leaders to deepen bilateral ties. (AGENCIES)
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