**Executive Summary**
On June 18, 2026, Prime Minister Narendra Modi addressed the G7 Summit Outreach Session in Evian, France, focusing on "Reviving a Balanced, Shared and Sustainable Economic Growth for All." The Prime Minister advocated for a shift toward inclusive growth and human well-being, proposing the creation of a new international partnership named "IMPACT." He emphasized the need for global solidarity and financial reforms to support the economic resilience of the Global South.
**Key Points / Main Content**
**Vision for Inclusive Growth**
* Economic growth should be measured by its real impact on inclusion and human well-being rather than just GDP or trade statistics.
* India’s domestic growth is guided by the principles of "Sabka Sath, Sabka Vikas, Sabka Vishwas, Sabka Prayas" (Together with all, Development for all, Trust of All, and effort of All).
* The international motto of "One Earth, One Family, One Future" reflects India's commitment to inclusive global engagement.
**Connectivity and Supply Chains**
* The India-Middle East-Europe Economic Corridor (IMEC) is a primary model for strengthening global supply chains, fostering innovation, and creating employment.
* The Prime Minister called for the expansion of connectivity projects, similar to IMEC, to link Africa, Latin America, and Pacific Island countries.
**Proposed Initiatives and Institutional Reforms**
* **IMPACT Initiative:** A proposed "International Mobilization Partnership for Accelerating Connectivity and Trade" to combine G7 capital, Indian talent, and Global South ownership.
* **Financial Resilience:** International financial institutions are urged to develop support mechanisms to help developing countries withstand the debilitating impacts of global crises and conflicts.
**Trade and Economic Commitment**
* India remains committed to a stable and prosperous world economy through integration and shared progress.
* India continues to actively pursue trade agreements with G7 members and other international partners.
**Impact Analysis**
**G7 Member Nations**
**Impact:** Positioned as the primary providers of capital for new global connectivity and trade initiatives.
**Action Required:** Collaborate with India to realize the "IMPACT" partnership and pursue bilateral or multilateral trade agreements.
**Global South (Developing Countries)**
**Impact:** Targeted as the primary beneficiaries of increased economic resilience, connectivity projects, and shared ownership in international trade.
**Action Required:** Engage in proposed connectivity corridors and take ownership of the regional development initiatives suggested under the IMPACT framework.
**International Financial Institutions**
**Impact:** Identified as essential agents for ameliorating the economic burdens of the Global South.
**Action Required:** Develop and implement support mechanisms specifically designed to impart economic resilience to developing nations.
**India**
**Impact:** Positioned as a provider of talent and a bridge between G7 capital and the Global South.
**Action Required:** Continue negotiating trade agreements and lead the conceptualization of global connectivity projects.
Key Entities Referenced
G7 Summit (Evian, France): The international forum where the Prime Minister addressed global leaders on sustainable economic growth, inclusive development, and international connectivity.
India Middle East Europe Economic Corridor (IMEC): A strategic connectivity and investment initiative cited as a model for strengthening supply chains and fostering innovation across regions.
International Mobilization Partnership for Accelerating Connectivity and Trade (IMPACT): A proposed collaborative framework designed to combine G7 capital, Indian talent, and Global South ownership to enhance global connectivity and trade.
Global South: The collective group of developing nations identified as the primary focus for international solidarity and specialized economic resilience support mechanisms.
Prime Minister's Office
Prime Minister addresses the session on
“Reviving a Balanced, Shared and Sustainable
Economic Growth for All” at G7 Summit in Evian,
France
Posted On: 18 JUN 2026 5:00AM by PIB Delhi
Prime Minister Shri Narendra Modi today addressed the Outreach Session on “Reviving a Balanced,
Shared and Sustainable Economic Growth for All”, at the G7 Summit in Evian, France.
Appreciating the Summit’s focus on shared and sustainable growth, Prime Minister noted that, at a time
when the world is impacted by uncertainties, the message on sustainable growth would be meaningfully
received across the world. He stated that growth should not be just about GDP or trade numbers, but its
real impact on inclusion and well-being of people. In this regard, he highlighted India’s inclusive growth
story based on the principles of “Sabka Sath, Sabka Vikas, Sabka Vishwas, Sabka Prayas” [Together with
all, Development for all, Trust of All, and effort of All].
Prime Minister noted that India’s mantra of inclusive growth also guided its international engagements, as
duly reflected in its G 20 presidency with the motto of “One Earth, One Family, One Future”. He further
added that a similar approach guided the conceptualization of the India Middle East Europe Economic
Corridor [IMEC] to strengthen supply chains, create investment and employment opportunities, and foster
innovation. Highlighting that crises and conflicts have had a debilitating impact on the Global South, he
called for international solidarity to ameliorate their burdens. He suggested that international financial
institutions should develop support mechanisms which can impart economic resilience to developing
countries. He also called for considering connectivity projects linking Africa, Latin America and the
Pacific Island countries on the lines of IMEC. To realize this vision, Prime Minister suggested the creation
of an International Mobilization Partnership for Accelerating Connectivity and Trade or IMPACT, in
which G7’s capital, India’s talent and the Global South’s ownership could be combined.
Prime Minister reaffirmed India’s commitment to a stable, trusted and prosperous world economy, noting
that its belief in integration, partnership and shared progress had inspired it to pursue trade agreements
with G7 members and several other countries.
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