G20 Summit 2023: The G20 has contributed to making "India world-ready and the world India-ready", External Affairs Minister S Jaishankar said on Saturday as he underlined that India's presidency of the grouping prioritised addressing urgent concerns of the Global South.

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Addressing a press briefing on the G20 Summit outcomes, he also said that while noting that G20 is not the platform to resolve geopolitical and security issues, the leaders recognised that they can have significant consequences for the global economy.

"In particular they dwelt on the ongoing war in Ukraine and the impact it has had especially on developing and least developing nations still recovering from the pandemic and economic disruption," Jaishankar said.

Food, fuel and fertilizers were issues of special concern, he added.

Another subject that was addressed by the G20 leaders was countering terrorism and money laundering, Jaishankar said.

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The leaders condemned terrorism in all its forms and manifestations and recognised that it constitutes one of the most serious threats to international peace and security," he said.

Jaishankar said the African Union became a member of the grouping under India's presidency which was in keeping with the priority that the country attaches to addressing urgent concerns of the Global South.

"You would recall that at the beginning of our presidency, at Prime Minister Narendra Modi's initiative, 125 nations were consulted to express voice of the Global South," he said.

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"In terms of organisation and programme, the Indian presidency, if I may say so, has been exceptional. Events have been spread across 60 cities which are truly across the length and breadth of India. There has been a popular participation and a societal involvement of an extraordinary degree," Jaishankar said.

The interest in G20 proceedings have been particularly strong among the youth and it has been an opportunity to showcase India's culture, traditions and heritage, the external affairs minister said.

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"The G20 has contributed to making India world-ready and the world India-ready," he said.

The declaration that the leaders have agreed on focuses on promoting strong, sustainable, balanced and inclusive growth, seeks to accelerate progress on SDGs, envisages a green development pact for a sustainable future and endorses high-level principles on lifestyle for sustainable development, Jaishankar said.