What is the significance of President Biden and PM Modi's call for G-20 membership for African Union

Understand the significance of G-20 membership for African Union, as called by President Biden and PM Modi.
  • G-20 is a forum of the world's 20 largest economies, including the US and India, with a mission to promote global economic growth, stability, and trade.
  • The African Union is a continental organization comprising 55 African countries that aims to promote political and economic integration, social development, and peace and security on the continent.
  • The call by President Biden and PM Modi for the African Union's inclusion in the G-20 is a recognition of the continent's growing economic significance and potential for development and investment.
  • G-20 membership would give the African Union a seat at the table in discussions about global economic policy, trade, finance, and development.
  • It could also enhance the visibility and influence of African perspectives and interests in those discussions, potentially leading to more equitable and inclusive outcomes.
  • Moreover, G-20 membership could help attract more investment, development aid, and technical assistance to African countries by signaling their integration into the global economy and highlighting their potential as markets and strategic partners.
In summary, the call for G-20 membership for the African Union by President Biden and PM Modi could help promote African economic growth, development, and global integration, and enhance cooperation and partnership between the world's largest economies and the world's second-most populous and diverse continent.
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