Watch: "Sharing My Remarks At G20 Closing Ceremony," Says PM Modi

"It's nature's law that those who don't change with times lose their relevance," PM Narendra Modi said

Marking the ceremonial transfer of the G20 presidency, Prime Minister Narendra Modi today handed over the gavel to Brazilian President Luiz Inacio Lula da Silva, who praised India for giving voice to topics of interests of emerging economies. Sharing my remarks at the closing ceremony of the G20 Summit. https://t.co/WKYINiXe3U

Brazil will take over the mantle of the presidency of the G20 on December 1.

In his concluding remarks, PM Modi called for the world's "new realities" to reflect in the "new global structure", and sought reforms in global bodies as the United Nations.