NE NEWS SERVICE
ROME, OCT 30
PM Narendra Modi interacted with US President Joe Biden, and French President Emmanuel Macron during the G20 Summit in Rome.
During the G20 summit, Macron told reporters on Friday he expects the G-20 to confirm an additional $100 billion to support Africa’s economies. Biden also interacted with his Italian counterpart Mario Draghi today.
India has received “tremendous” support from the G20 nations on its suggestion on mutual recognition of travel documents, including testing and vaccine certificates, Union minister and India’s Sherpa for G20 meet Piyush Goyal said on Friday.
Delighted to meet my friend, President @EmmanuelMacron in Rome. Our talks revolved around enhancing cooperation in diverse areas and boosting people-to-people relations. pic.twitter.com/zFGPO4CPKH
— Narendra Modi (@narendramodi) October 30, 2021
He said that India has also pushed the G20 members to address the mismatch between source of generation of profits and the jurisdiction where profits are taxed as this will ensure that large multinational corporations pay a minimum effective corporate tax in the country of their operation.
Besides, he said, the country strongly pushed for the need for balancing in the ‘data free flow with trust’ narrative with cross border data flows and accommodating development imperatives of the developing countries.
When asked more about mutual recognition of vaccine certificates, Goyal, who is commerce and industry minister, said that by and large, there is a broad consensus on this because all the nations wish to restart travel, economic activities and bring back normalcy.
