G20 Summit India: India will host the G20 Leaders Summit from September 8 to 10. From 1 December 2022 to 30 November 2023, the G-20 will be chaired by India. India is expected to host more than 200 G20 meetings during this presidency. The Ministry of External Affairs of India has issued a statement in this regard.
G20 or Group of Twenty is an intergovernmental forum of the world’s leading developed and developing economies. It includes 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, UK, USA) and The European Union (EU) is included.
Collectively, the G20 accounts for 85% of global GDP, 75% of international trade and two-thirds of the world’s population. Creates a leading platform for India is currently part of the G20 Troika (current, past and future G20 presidencies) which includes Indonesia, Italy and India. India, Indonesia and Brazil will form this triad during our presidency. This will be the first time that the Troika will include three developing countries and emerging economies, giving them a larger platform.
Guest countries will be invited
Apart from the G20 members, the G20 The Presidency has a tradition of inviting some visiting countries and International Organizations (IOs) to G20 meetings and summits. Apart from chairing regular international organizations (UN, IMF, World Bank, WHO, WTO, ILO, FSB and OECD) and regional organizations (AU, AUDA-NEPAD and ASEAN), India has chaired Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and United Arab Emirates will be invited. Also, India will invite ISA (International Solar Alliance), CDRI (Coalition for Disaster Resilient Infrastructure) and ADB (Asian Development Bank) as guests.
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