New Delhi, June 15, 2025 (ANI): Former Deputy NSA Pankaj Saran said, “...India has been a regular invitee, even before he (PM Modi) became a Prime Minister, even in the pre-Modi era, India was an invitee. I think the invitation is a recognition of a reality that everyone accepts today, which is that you cannot discuss the state and the future of the global economy without India...Because you cannot have a solution to any global problem without India...India must always be a part of the solution, never a part of the problem. Which is why we have been invited despite all the bilateral problems with Canada, because the G7 feels that they need to have India on their side...”
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00:00G7 has been a regular invitee. India has been a regular invitee. Even before he became Prime Minister, even in the pre-Modi era, India was an invitee.
00:09So, I think the invitation is a recognition of a reality which everyone accepts today, which is that you actually cannot discuss the state and the future of the global economy without India.
00:24It's not just because we are the largest country in the world or the fourth largest economy going on to be the third largest, but also because you cannot have any solution to any global problem without India.
00:35I mean, that's the new reality. So, it reflects that objective condition of the current global order. That's the first thing.
00:42Second thing is, I think people also appreciate the fact that this current Prime Minister has been in office for 10, 11 years.
00:51He commands the majority and the national support of the people of India. His voice is important as a person, as a leader.
01:02The problem is that today, you know, the global economy is in a very fragile condition. We have far too many disruptions, far too many conflicts,
01:12far too many uncertainties, which are not good for the global economic outlook. And in the middle of all this, the fact that India is the fastest growing major economy,
01:24although it is 6.3 or 6.6 and we want to be higher, but still it is the fastest growing. So, there is a lot to be said about India bringing some equities on the table.
01:39To firstly discuss the problem, to contribute to solutions to this global uncertainty and a generally unfavorable outlook for global growth.
01:51So, I think if all these countries can work together and come out with some prescriptions and let's say cool down tensions globally, that will be very good.
02:08And India must always be a part of the solution, never a part of the problem.
02:15And so, which is why, you know, we have been invited despite all the bilateral problems with Canada, because the G7 feels that they need to have India on their side.
02:27And so, I would say to sum up, I mean, the outcome should be a solid statement of confidence in the global economy, some concrete steps to reduce economic and political tensions,
02:42and trade tensions, and weaponization of tariff, finance, investments, and number four, to send a strong signal to the world that economic growth, development, inclusive, sustainable, is critical for humanity.
03:01So, if some powerful statement comes out, I would say that would be good.
03:06I would say that will be good.