The G20 Summit began in Japan's Osaka, on Friday. Ahead of the formal opening of the summit, Prime Minister Narendra Modi held a trilateral meeting with US President Donald Trump and Japanese premier Shinzo Abe. During the Japan-America-India trilateral meeting, Modi highlighted "the importance India attaches to" the grouping.
"Committed to a better future. Meeting of JAI (Japan-America-India)Trilateral takes place in Osaka. PM @AbeShinzo welcomes the leaders. @POTUS congratulates Prime Ministers Modi and Abe for their electoral victories. PM Modi highlights the importance India attaches to JAI," the PMO tweeted.
PM Modi also met President Trump separately during which the issue of growing global trade frictions featured prominently.
What is the G20 Summit?
The G20 (Group of Twenty) is an international forum for the governments and central bank governors from 19 countries and the European Union (EU).
It was founded in 1999. The aim was to discuss policy pertaining to the promotion of international financial stability. Since 2008, the G20 has expanded its agenda. It seeks to address issues that go beyond the responsibilities of any one organization.
G20 Summit: Live Updates
2:20 pm: PM said that terrorism is something that is a global challenge, it must be combated by all, he recalled that he has proposed to many world leaders that there should be international conference on terrorism and he was sure that China and Russia would support it: Foreign Secy Vijay Gokhale
2:15 pm: All 3 leaders agreed that in an era of economic & global change, it's important to maintain the trend of globalization, a free rule based trading system, to oppose tendency towards protectionism: Foreign Secy Vijay Gokhale on Russia-India-China meeting
10:19 am: We are committed to transparent, non-discriminatory, open, free and inclusive international trade. Protectionism and unilateralism run counter to the spirit and rules of the World Trade Organization (WTO): BRICS leaders
10:17 am: Corruption, including illicit money and financial flows, and ill-gotten wealth stashed in foreign jurisdictions, is a global challenge which may impact negatively on economic growth and sustainable development: Joint statement of BRICS leaders at the G20 Summit
10:15 am: All the BRICS countries condemned terrorism in all its forms and manifestations, reiterated responsibility for preventing financing of terrorism, for using territories & Internet for terrorist purposes: Foreign Secretary Vijay Gokhale on informal BRICS meet
10:00 am: The BRICS family comes together yet again! Delighted to meet BRICS leaders. Shared my thoughts on the importance of access to energy and energy security, making WTO mechanisms stronger and fighting protectionism and close cooperation to eliminate forces of terror: PM Modi
9:35 am: The talks with @POTUS were wide ranging. We discussed ways to leverage the power of technology, improve defence and security ties as well as issues relating to trade. India stands committed to further deepen economic and cultural relations with USA: Tweeted Modi
9:10 am: We must ensure resilience and security of our 5G networks, it's essential to our shared safety and prosperity. US opposes data localisation and policies which have been used to restrict digital trade and violate privacy and intellectual property protections: Trump on digital economy at G20 Summit
9:00 am: G20 Summit begins in Osaka, Japan.
7:40 am: Terrorism is the biggest threat to humanity. Not only it takes lives of the innocents, it negatively affects economical development and communal harmony. We have to stop all mediums of support to terrorism and racism: PM Modi at informal BRICS meeting in Osaka
7:30 am: S-400 issue wasn't discussed. On Iran, primary focus was on how we ensure stability there, as instability affects us in many ways, not just in matter of energy needs,but also in terms of our large diaspora in Gulf, 8 million Indians in the Gulf: Foreign Secretary on Japan-India-US trilateral meeting
7:25 am: Main topic of discussion was Indo-Pacific, how the three countries can work together in terms of connectivity, infrastructure, ensuring peace & security,& in terms of working together to build upon this new concept: Foreign Secretary on Japan-India-US trilateral meeting
7: 15 am:
7:08 am: The message is the same as last 3 days. We've a lot of time, no rush. They can take their time. There is absolutely no time pressure. I think in the end hopefully it’s going to work out. If it works out, great, if it doesn’t, you’ll be hearing about it: US President Trump on Iran
7:03 am: Today’s meeting of the JAI Trilateral was a productive one. We had extensive discussions on the Indo-Pacific region, improving connectivity and infrastructure development. Grateful to PM @AbeShinzo and President @realDonaldTrump for sharing their views as well: Tweeted PM Modi
6:52 am: You (PM Modi) deserve it (victory in General elections). You've done a great job in pulling together. I remember when you first took over, there were many factions and they were fighting with each other& now they get along. It's a fantastic tribute to you and your abilities: US President Trump
6:45 am: We have become great friends and our countries have never been closer. I can say that with surety. We'll work together in many ways including military, we'll be discussing trade today: US President Donald Trump
6:40 am: In this meeting, I would like to have discussions on four issues- Iran, 5G, our bilateral relations and defence relations: PM Narendra Modi at bilateral meeting with US President Donald Trump in Osaka, Japan
6:25 am: Relationship between India and US will improve further: PM Modi
6:20 am: Mr Modi, Congratulations on your great victory. I should say congratulations to both because Shinzo also had a great victory. You are doing a great job to your countries: US President Donald Trump at the trilateral meeting between US, Japan & India in Osaka:
Why Modi Trump meeting assumes significance?
The Modi-Trump meeting assumes significance as the US president, championing his 'America First' policy, has been a vocal critic of India for levying "tremendously high" duties on US products.
Before his arrival in Japan on Thursday, Trump tweeted, "I look forward to speaking with Prime Minister (Narendra) Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn!"
This was Modi's first meeting with Trump after the BJP's landslide win in the parliamentary election.
On Thursday, Modi held wide-ranging talks with Abe on the global economy, issues of fugitive economic offenders and disaster management.
Prime Minister Modi also met Chinese President Xi Jinping, Russian President Putin and other leaders during the G20 summit. This will be Modi's sixth G-20 Summit.
WATCH VIDEO: PM Modi holds trilateral meeting with Trump, Abe
(With inputs from agencies)