English Translation of Prime Minister's statement during the G7 Summit-Outreach Session: Reviving a Balanced, Shared and Sustainable Economic Growth for All

Prime Minister's Office English Translation of Prime Minister's statement during the G7 Summit-Outreach Session: Reviving a Balanced, Shared and Sustainable Economic Growth for All प्रव तथ: 17 JUN 2026 6:07PM by PIB Delhi President Macron, Your Excellencies, I am pleased that France's G7 Presidency has given special importance to inclusive and sustainable growth. At a time when the world faces many challenges and uncertainties, the message emerging from this forum is important for the well-being and future of all humanity. Today, the question of growth is not limited to GDP or trade figures alone. The real question is: Who benefits from this growth? Who is included in it? And what direction is it taking? Friends, India's experience shows that shared development can be transformed from an aspiration into reality. When India progresses, one-sixth of humanity progresses with it. Therefore, India's growth story is not just about economic development—it is a story of inclusion, scale, and democratic empowerment for all. Over the past twelve years, India has progressed based on the guiding principle of "Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas." This is also the guiding principle of our global engagement. During India’s G20 Presidency, we shared with the world the message of “One Earth, One Family, One Future.” This was not merely a slogan; it was an expression of our civilizational ethos that views the entire world as one family. It was in this spirit that we launched the historic India–Middle East–Europe Economic Corridor (IMEC). This strategic corridor connects Asia, the Middle East, and Europe, and will accelerate trade, strengthen supply chains, and create new opportunities for investment, employment, and innovation across partner countries. Today, there is a need to further advance such initiatives - ones that are characterized by local ownership, transparent financing, and a clear vision for long-term sustainability. Friends, The disruptions to fuel, fertilizer, and food supply chains caused by the crisis in West Asia will continue to have a significant impact on the Global South for some time. If we are truly committed to strengthening international solidarity, the most vulnerable countries should not be left to bear the burden of these crisesalone. Our International Financial Institutions should develop support mechanisms that help developing countries absorb such shocks and sustain their economic resilience. Friends, Drawing inspiration from the IMEC Vision, we can work on connectivity projects with countries in Africa, Latin America, and the Pacific Island region. By bringing together the capital of the G7, the talent of India, and the ownership of countries across the Global South, we may consider establishing the International Mobilisation Partnership for Accelerating Connectivity and Trade (IMPACT). Its objective should be to create corridors that connect trade, technology, energy, and opportunity. Friends, Today, while developed countries are confronting the challenge of ageing societies, India and other countries of the Global South possess immense potential in terms of young talent, enterprise, and skills. To harness this natural complementarity, we may consider establishing a Global Skills Partnership. Under this framework, we can work together on skill mapping and promoting trusted skilled mobility. Friends, India’s commitment to shared global prosperity is not confined to words alone; it is also reflected in our actions. Over the past few years, India has concluded Trade Agreements with most of the countries represented at this meeting. This reflects India’s belief not in fragmentation, but in integration, not in protectionism, but in partnership, and not in uncertainty, but in shared prosperity. In the years ahead, India will continue to work together with all of you to strengthen our Shared Economic Resilience and to build a more stable, reliable, and prosperous global economy. Thank you. DISCLAIMER -This is the approximate translation of Prime Minister's Statement. Original Statement was delivered in Hindi. *** MJPS/SS/ST (रलीज़ आईडी: 2274143) आगंतुक पटल : 590 इस वज्ञ को इन भाषाओ ंम पढ़: ही , Urdu , Assamese , Gujarati , Odia