PM Modi decries protectionism, says G20 must lead on major issues

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PM Modi decries protectionism, says G20 must lead on major issues
PM Modi decries protectionism, says G20 must lead on major issues

Hamburg: Criticising the threat to globalisation posed by protectionism in some leading G20 nations, Prime Minister Narendra Modi on Friday exhorted the grouping to assume the leadership on major global issues and said India stood ready to carry forward the fight against corruption and black money.

“The rise in protectionism threatens gains from globalisation. G20 must speak in one voice to support and sustain a regime of openness. We hope that the G20 will assume leadership to act on all important issues,” Modi said addressing a G20 leaders summit meeting here.

“With Base Erosion and Profit Shifting adopted, we are ready to carry forward fight against black money and corruption,” he said.

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