About G20 Collaboration–
It can be understand, “What is G20 Summit 2023 ?”- The Group of Twenty (G20) is the world’s main platform for economic cooperation. It is crucial in shaping and improving global governance and architecture on all major international economic challenges.
From 1 December 2022 to 30 November 2023, India will preside over the G20.
The G20 is being held in India as the globe is in crisis. It’s an opportunity for Modi to shine.
Table of Contents
G20 Slogan-“One Earth, One Family, One Future”
Know about Logo and Theme- what is G20 Summit 2023 ?
The theme of India’s G20 presidency, “Vasudhaiva Kutumbakam,” or “One Earth, One Family, One Future,” is taken from the Maha Upanishad, an ancient Sanskrit literature. The idea essentially emphasizes the importance of all life – human, animal, plant, and microorganism – and their interconnectedness on Earth and in the larger world.
Who is in G20 ?- Collaboration of G20
The Group of 20 (G20) is a forum made up of nineteen countries with some of the world’s greatest economies, as well as the European Union (EU). Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom (UK), and the United States are among the countries involved. Spain has been invited to stay as a permanent visitor.
What does a name mean? India’s Modi is seated behind a G20 summit “Bharat” sign.
Hon’ble PM Modi Officially Welcomes into G20 Summit
G20 Members- Countries
Foreigner/ Guest
Host Cities : Official G20 meetings (December 2022- September 2023)
Initiative :
Sherpa Track :
The following 13 Working Groups and 4 Initiatives will meet under India’s Presidency through the Sherpa Track to review priorities and make recommendations.
Finance Track
The G20 Finance Track meets Finance Ministers and Central Bank Governors, their Deputies, and various working group meetings to examine global macroeconomic concerns. Global economic outlook and monitoring of global economic risks; reforms for a more stable and resilient global financial architecture; international taxation; financing quality infrastructure; sustainable finance; financial inclusion; financial sector reforms and financing for future health emergencies and investments in pandemic prevention, preparedness, and response are some of the key issues addressed by the Finance Track.
Engagement Groups
Engagement Groups, made up of non-government participants from each G20 member, make suggestions to the G20 Leaders and help shape policy.
Where is headquarter of G20?
Like numerous international organisations, the G20 (Group of Twenty) lacks a permanent headquarters. The G20 instead uses a system of alternating presidency.
Which country hosted G20 Summit 2023?
The G20 summit has brought together the heads of state of the richest nations in the world in New Delhi, India. The G20 has adopted its leaders’ declaration, according to Indian Prime Minister Narendra Modi, who is also the host.
Where will G20 summit 2023 held?
Beginning on Saturday, September 9, the G20 Leaders’ Summit will last through Sunday. It will last for two days in New Delhi.
Which country will host the G20 summit in 2024?
The Group of Twenty (G20) summit, which brings together the leaders of the world’s 20 major economies, will be held in Brazil for the first time in 2024.