A major infrastructure project and plans to expand the lending capacity of development banks were among the key outcomes from this year¡¯s Group of 20 summit, which saw host nation India showcase itself as an alternative to China as both try to stake a claim to leadership among developing nations.
During the two-day gathering in New Delhi that ended Sunday, the group also agreed to welcome the 55-member African Union as both its 21st permanent member and its second regional organization ¡ª following the European Union ¡ª in a move that makes the bloc more representative of developing countries.
And in a diplomatic coup for India, this year¡¯s gathering saw G20 leaders agree on a joint communique, after failing to do so in 2022 amid divisions over how to address Russia¡¯s invasion of Ukraine.
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