PM Modi asks G-20 countries to formulate a common platform for extraditing fugitive economic offenders

Prime Minister Narendra Modi has called upon G-20 countries to make a common platform for identifying and extraditing fugitive economic offenders and denying entry and safe havens to them. 

 

Presenting a nine-point agenda at the first session of the summit in Buenos Aires, Argentina last night, Mr Modi said, a strong and active co-operation was needed to deal comprehensively and efficiently with the menace of fugitive economic offenders. 

 

Mr Modi called for a joint effort by all countries to form a mechanism as immediate action was needed to implement UN Principles on Convention against Transnational Organised Crime. 

 

He said, G-20 forum should consider initiating work on locating properties of economic offenders who have a tax debt in the country of their residence for its recovery. 

The Prime Minister underlined the need to put people first in framing economic policies since these have a direct effect on everyday life.

 

Mr Modi highlighted various flagship schemes of his government including Jan Dhan Yojana, MUDRA loan scheme and Start-Up India which were undertaken to modernise economy and promote inclusive growth. 

 

Mr Modi also shared views on the need to focus on women empowerment and ways to boost economic growth.

Earlier, on the sidelines of the summit, Mr Modi took part in an informal meeting of BRICS leaders. 

 

They reiterated their commitment to working together in strengthening multilateralism and promote a fair, just, equitable, democratic and representative international order. Condemning terrorism in all forms and manifestations, the BRICS nations said



in a joint statement that all nations must adopt a comprehensive approach in combating the menace. 

 

The BRICS countries reaffirmed their full support for the rules-based multilateral trading system, as embodied in the WTO, to ensure transparent, non-discriminatory, open and inclusive international trade.

In their first-ever trilateral meeting, Mr Modi, US President Donald Trump and Japanese Prime Minister Shinzo Abe agreed that free, open, inclusive and rules-based order is essential for peace and prosperity of the Indo-Pacific region. 

 

Mr Modi said, Japan, America and India (JAI) meeting is dedicated to democratic values. Briefing media about the meeting, Foreign Secretary Vijay Gokhale said, Mr Trump and Mr Abe complimented Mr Modi for reforms and development works.

 

The Prime Minister also participated in Russia, India, China trilateral meeting. The Foreign Secretary said, the meeting was very warm and positive. Mr Modi, Russian President Vladimir Putin and Chinese President Xi Jinping agreed to work together in various areas in order to contribute to global peace and prosperity.

 

The Prime Minister also held several bilateral meetings on the sidelines of the G-20 summit. In his meeting with the Chinese President, Mr Modi discussed joint efforts to further enhance mutual trust and friendship across all aspects of bilateral ties. 

 

The Prime Minister also had separate meetings with his Italian counterpart Giuseppe Conte, British Prime Minister Theresa May, Saudi Crown Prince Mohammed bin Salman, President of Chile, Sebastian Pinera, and UN Secretary General Antonio Guterres.