G20 summit to be held in India in 2023
Beginning in December of this year, India’s Presidency is anticipated to convene more than 200 preparatory and other meetings across the nation. The search for suitable locations to host these sessions has already begun, with locations ranging from Tamil Nadu to the Union Territory of Jammu and Kashmir.
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India will take over the G20 leadership in December and hold the summit of the heads of the twenty major economies in the world in New Delhi on September 9–10, 2023.
After Indonesia hosts the G20 leaders’ conference in November, India will assume the G20 chairmanship for a year. During the period of December 1, 2022, to November 30, 2023, the nation will be in the White House.
Beginning in December of this year, India’s Presidency is anticipated to convene more than 200 preparatory and other meetings across the nation. The search for suitable locations to host these sessions has already begun, with locations ranging from Tamil Nadu to the Union Territory of Jammu and Kashmir.
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“The G20 Leaders’ Summit at the level of Heads of State [or] Government is scheduled to be held on 09 and 10 September 2023, in New Delhi,” the external affairs ministry said in a statement on Tuesday.
Both the presidents of Russia and Ukraine have accepted invitations from Indonesia to attend the G20 Summit in Bali on November 15–16. Tensions with other member nations have already arisen as a result of Russia’s participation in preliminary discussions this year.
An intergovernmental organisation comprising the biggest established and emerging economies in the world, the Group of Twenty. Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, and the United States are among the 19 nations that make up this region, together with the European Union (EU).
The G20 is the foremost forum for global economic cooperation because its members collectively represent 85% of the global GDP, 75% of international trade, and two-thirds of the world’s population.
Currently, Indonesia, Italy, and India make up the G20 Troika, which consists of the outgoing, current, and incoming G20 presidencies. The troika will consist of India, Indonesia, and Brazil while it holds the presidency. The troika will now consist of three emerging economies and developing nations for the first time.
