Lagatar24 Desk
New Delhi, Sept 13: India will hold the G20 Presidency for one year from December 1, 2022, to November 30, 2023. India likely to hold over 200 G20 meetings during this time.
According to a press announcement from the Ministry of External Affairs, the G20 Leaders’ Summit at the level of Heads of State/Government will take place on September 9 and 10, 2023, in New Delhi.
“Under its Presidency, India is expected to host over 200 G20 meetings across the country, beginning December 2022. The G20 Leaders’ Summit at the level of Heads of State/Government is scheduled to be held on September 9 and 10, 2023 in New Delhi,” the Ministry of External Affairs (MEA) said on Tuesday.
The G20, or Group of Twenty, is an international organisation that brings together the largest industrialised and developing economies of the globe. Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union are among the 19 nations that make up this region (EU).
The G20 is the foremost forum for global economic cooperation because its members collectively represent 85% of the world’s GDP, 75% of its trade, and 2/3 of its population.
India, Indonesia, and Brazil would make up the troika under its Presidency. According to the announcement, this would be the first time that the troika will be made up of three emerging economies and developing nations, giving them a stronger voice.
