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G20 New Delhi Declaration, main takeaways

Sep, 11, 2023 Hi-network.com
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On 9 September, G20 leaders adopted the New Delhi Declaration. India's diplomacy made a major success by fostering consensus and avoiding falling back on 'Chair summary' as it happened in a few previous G20 meetings when it was impossible to reach an agreement on the text about the war in Ukraine.

The digitalisation agenda was not controversial at the G20 summit. India has been building digital momentum throughout the G20 presidency with a series of meetings and consultations.

The text of the G20 New Delhi Declaration is accessible here.

Therefore, it is not surprising that, with 11 out of 83 articles in the lengthy New Delhi Declaration, digital issues received proportionally higher relevance than other diplomatic issues.

The Declaration emphasises digital development more than the 'cyber' agenda on security and crime (the prefix cyber was only used eight times).

The Declaration contains the following relevant prefixes: -2 | -6 | -8 | -11 | -14 | -69 | Digital -69 | Data -14 | Crypto -11 | Cyber -8 | AI -6 | Online -2 | Tech -1 |

the G20 digital agenda introduced a notable innovation in the form of proposals for enhancing digital public infrastructure. These proposals are designed to address the digital infrastructure disparities in numerous developing nations, making use of India's advanced technology and expertise.

Artificial intelligence (AI) as somewhat expected has found it place in the declaration, with calls for international discussions on AI governance. Parties agreed to:

i. Reaffirm our commitment to G20 AI Principles (2019) and endeavour to share
information on approaches to using AI to support solutions in the digital economy.
ii. Will pursue a pro-innovation regulatory/governance approach that maximizes the
benefits and takes into account the risks associated with the use of AI.
iii. Will promote responsible AI for achieving SDGs.

Furthermore, the Declaration underscores the importance of addressing the gender digital divide, highlighting specific proposals and initiatives.

The discussion surrounding data primarily centers on its role in achieving the Sustainable Development Goals (SDGs).

Recent concerns regarding cryptocurrencies have refocused attention on the security of financial systems.

dig.watchG20 member nations endorse regulatory recommendations for crypto assetsThe G20 member nations have endorsed the recommendations of the Financial Stability Board (FSB) for the regulation and oversight of crypto assets to mitigate risks. 11 Sep 2023
dig.watchG20 member nations endorse regulatory recommendations for crypto assetsThe G20 member nations have endorsed the recommendations of the Financial Stability Board (FSB) for the regulation and oversight of crypto assets to mitigate risks. 11 Sep 2023

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