what is b20 summit

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Nature

The B20 Summit is an event that is part of the G20 Summit, representing the interests of the G20 businesses and promoting the exchange of ideas and innovation. It is the official G20 dialogue forum with the global business community, established in 2010, and is among the most prominent Engagement Groups in the G20.

The main purpose of the B20 Summit is to develop recommendations and issue relevant commitments from business leaders and organizations to address current issues in the global economy and trade governance. The B20 represents the entire G20 business community and aims to speak in a single voice on these matters.

The B20 Summit is organized around twelve topics that are crucial to the business community and considered priorities for the G20. The event is hosted by different countries, with India hosting the 2023 B20 Summit under the theme of RAISE,' which stands for Responsible, Accelerated, Innovative, Sustainable, and Equitable.