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Context

• At the G-20 Sherpa meet in Hampi officials prepared the G-20 draft and related development agenda.
• However two contentious paragraphs dealing with Ukraine were to be decided in the 4th and final Sherpa meeting in September.

Other Details

• The 4^th and final G-20 Sherpa meeting would be held in September 2023 in New Delhi India.
• Officials are expecting a compromise between the G-7 countries and the Russia-China combine.

Hope for Joint Declaration

• They are confident to reach to a joint declaration regarding the same.
• The expectations of such joint declaration are heightened because of various reasons -
  • It was supported by some countries during bilateral meetings.
  • Favourable sofa talks between representatives of countries.
  • Brazil and Russia suggested a possible compromise
• Brazil will play an important role in September summit as a host to next year’s G-20 meet.

Position of Sherpa on such geopolitical discussions -

• No need to waste much time now to discuss such issues like Russia and Ukraine.
• Five different proposals for possible language are already created.
• There are many other important issues for developing countries and emerging markets such as
  • Debt vulnerability.
  • Inclusive growth.
  • Gender empowerment.
  • Sustainable development goals.
  • Green transition
• A common ground is needed to secure international peace and security.

Background

• Earlier it was discussed and most members agreed that in the development forum security issues should not be discussed.
• Also most of the countries agree that the impact of U.S. and European sanctions on the global economy should not be discussed.
• S.-led G-7 countries were of a different opinion as they believe security issues in Ukraine have become developmental challenges. This is because of
  • Rise of inflation including food.
  • Shortage of fuel and fertilizer.

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PRACTICE QUESTION Hampi in Karnataka was recently in news for hosting a third G-20 Sherpa meet. Highlight the historical and cultural significance of this UNESCO world heritage site. (150 words)

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