The Ministry of External Affairs (MEA) has announced that India will be the host of the G20 Leaders summit, to be held in New Delhi on the 9th and 10th of September 2023.
India To Host Over 200 Meetings As Host During Its G20 Summit Presidency of 2023
India has accepted its presidency for hosting G20 meets for one year, commencing from December 1, 2022, to November 30, 2023. Meetings are expected to cross the 200 mark and will be held across the country commencing from December of 2022.
India will be inviting Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and UAE as Guest countries for the G20 Summit, said MEA.
While India prepared for the G20, a statement from MEA reads, “Ongoing conversations…revolve around inclusive, equitable and sustainable growth; LiFE (Lifestyle For Environment); women’s empowerment; digital public infrastructure and tech-enabled development in areas ranging from health, agriculture and education to commerce, skill-mapping, culture and tourism; climate financing; circular economy; global food security; energy security; green hydrogen; disaster risk reduction and resilience; developmental cooperation; fight against economic crime; and multilateral reforms”.
“During our Presidency, India, Indonesia and Brazil would form the troika. This would be the first time when the troika would consist of three developing countries and emerging economies, providing them with a greater voice”, MEA added.
An intergovernmental forum, G20 comprises 19 Countries, which are “Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, and the US” along with the European Union (EU). The goal of every G20 Summit is to address the major economic problems affecting the global level including “international financial stability, climate change mitigation, and sustainable development”.
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“The G20 accounts for 85 per cent of global GDP, 75 per cent of international trade and two-thirds of the world population, making it the premier forum for international economic cooperation. India is currently part of the G20 Troika (current, previous and incoming G20 Presidencies) comprising Indonesia, Italy and India”, mentioned indianexpress.