![Eliminate safe havens for economic offenders: Narendra Modi Eliminate safe havens for economic offenders: Narendra Modi](https://www.indiablooms.com/news_pic/2016/16-1473068599.jpg)
During his address, PM Modi highlighted the important points on why a stable global economic and financial system is imperative for growth.
He said, "Fighting corruption,black money and tax evasion are essential to effective financial governance."
Addressing the gathering he said, "We need to act to break down the web of complex international regulations and excessive banking secrecy that hide the corrupt and their deeds.
He also said that developing nations must be given a level playing field by the global trading regime.
"G20 needs an action oriented agenda of collective, coordinated and targeted action," said PM Modi
Prime Minister Modi also mentioned that energy is vital to support development and a balanced mix of nuclear, renewable energy and fossil fuels is the core of our policy.
Image: At the G20 summit/NarendraModi Twitter
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