Narendra Modi raises black money, several important issues at G20 Summit

Narendra Modi

Hangzhou, (China): India’s Prime Minister Narendra Modi who arrived in China from his Vietnam trip on Monday to attend the G20 Summit here today raised the issues of black money and tax evasion, urging member countries to take action against financial corruption.

Modi said: “Fighting corruption, black money and tax evasion were central to effective financial governance,” on the second day of the Summit here.

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The PM urged member of the G20 nations to show “full commitment” to action against financial corruption.

Modi also professed India’s support for Base Erosion and Profit Shifting (BEPS) recommendations and calls on countries to commit to the timeline of 2017-2018.

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Earlier, Modi met Chinese President Xi Jinping on Sunday for a bilateral meeting ahead of the G20 Summit on Sunday.

This was second bilateral meeting between that Modi and Jingping after the two leaders met in June on the sidelines of the Shanghai Cooperation Organisation (SCO ).

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