We hope that the summit will boost global economic growth rates

We hope that the summit will boost global economic growth rates
We hope that the summit will boost global economic growth rates

We hope that the summit will boost global economic growth rates

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Yesterday, Prince Muhammad bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, stressed the importance of the G20 decisions, saying in a telegram to Indonesian President Joko Widodo: “We hope that the decisions of the G20 summit will become so.” help to support cooperation between the countries of the group,” he added. “We hope that the decisions of the G20 summit will increase the growth rates of the world economy.”

Yesterday, Saudi press agency SPA reported that Prince Mohammed bin Salman sent Widodo a thank-you telegram after attending the G20 summit, in which he emphasized the importance of the decisions taken by the summit and his hope that they will go a long way in supporting cooperation between the two countries , the countries in the group, and promoting global economic growth rates.

Federal Chancellor Olaf Scholz also described the summit as a success and added: “An extraordinary summit of the Group of 20 took place here in Indonesia, and there are agreements here that far exceed expectations. That remains a success for the summit,” noting that all members have made it clear that the use of nuclear weapons in the war between Russia and Ukraine is unacceptable and all have very aggressively drawn that red line.

Leaders at the G20 meeting agreed to continue efforts to limit global temperature rise by 1.5 degrees Celsius and recognized the need to accelerate efforts to phase out coal to fuel talks at the climate conference United Nations (Cop27) in a statement said at the end of the G20 meeting:

“Recognizing our leadership, we reaffirm our unwavering commitment to pursue the goal of the United Nations Framework Convention on Climate Change to address climate change by promoting the full and effective implementation of the Paris Agreement and its temperature target,” the statement added:

“We are determined to continue efforts to limit the rise in temperature to 1.5 degrees Celsius. This requires serious and effective action and commitment from all countries.” Referring to mitigating the effects of global warming, climate change and adaptation, he also pointed to the need to accelerate efforts to phase out the use of coal for power generation in accordance with national conditions and recognition of the need for support transitions.

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