Joe Biden to visit India for G20 Summit; to push for IMF, World Bank reforms

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  • India is hosting the G20 Summit on September 9-10 in New Delhi. 
  • US President Joe Biden will be in India from September 7-10 for the G20 Summit. 
  • White House National Security Adviser (NSA) said that President will push for IMF and World Bank reforms at the G20 summit.  
  • President Biden and G20 partners will discuss a range of joint efforts to tackle global issues. 
  • The summit is likely to be attended by 29 heads of states as well as top officials of the European Union and invited guest countries and 14 heads of international organizations. 
  • The national capital is already being decked up for the big event, with Lt Governor Saxena hitting the roads to inspect G20-related projects. 

US President Joe Biden will be in India from September 7-10 for the G20 Summit, White House National Security Adviser Jake Sullivan informed on Tuesday. Addressing a presser, White House National Security Adviser (NSA) Jake Sullivan said that President Joe Biden will push for IMF and World Bank reforms at the G20 summit.

Jake Sullivan said that the IMF and World Bank need to offer a better alternative for development support and financing to what he called China’s “coercive and unsustainable lending.” The US will push proposals in New Delhi that will increase World Bank and IMF lending power by some $200 billion, he said.

In a statement, the White House said, “President Biden and G20 partners will discuss a range of joint efforts to tackle global issues, including on the clean energy transition and combatting climate change, mitigating the economic and social impacts of Putin’s war in Ukraine, and increasing the capacity of multilateral development banks, including the World Bank, to better fight poverty, including by addressing global challenges.

While in New Delhi, President Biden will also commend Prime Minister Modi’s leadership of the G20 and reaffirm the US commitment to the G20 as the premier forum of economic cooperation, including by hosting it in 2026.”

The summit is likely to be attended by 29 heads of states as well as top officials of the European Union and invited guest countries and 14 heads of international organizations.

“Recognizing the magnitude of this event and the substantial logistical arrangements involved, we believe that declaring a public holiday during the G20 Summit will aid in minimizing potential traffic congestion, minimizing inconvenience to the residents of Delhi, and also provide them the opportunity to witness this global summit…” the special commissioner wrote.

He had also said that it was advisable to issue directions for commercial establishments, including markets, falling within the “controlled zone” — located mostly in the New Delhi district — during this period. The special commissioner had said the Delhi Police would be issuing traffic advisories for the summit.

Special Commissioner of Police (Traffic) SS Yadav said that his department is coordinating with the transport department and the Delhi Metro. Routes on which Delhi Transport Corporation buses will not be allowed to ply during the summit will be decided and some of the metro stations may be closed as well, he said.

The national capital is already being decked up for the big event, with Lt Governor Saxena hitting the roads to inspect G20-related projects. Sixty-one important roads and 23 hotels associated with the Summit are being monitored. More than a dozen newly-inducted civil servants have been deployed in Delhi for round-the-clock patrols to point out gaps in preparations, officials said last week.

(With inputs from agencies)

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