what is g20 summit india

1 year ago 56
Nature

The G20 Summit is an annual meeting of the Group of Twenty (G20), a forum established in 1999 for Finance Ministers and Central Bank Governors to discuss international economic and financial issues. The G20 countries, along with the European Union, represent almost two-thirds of the global population, 75% of global trade, and 85% of the worlds GDP. The 18th G20 Summit, also known as the G20 New Delhi Summit, was held in New Delhi, India, on September 9-10, 2023.

  • The G20 New Delhi Summit was the first G20 summit to be held in India and South Asia.
  • The summit was chaired by the Indian Prime Minister, Narendra Modi.
  • India's G20 presidency began on December 1, 2022, leading up to the summit in the third quarter of 2023.
  • The G20 group consists of 19 countries and the European Union.
  • The G20 Leaders' Declaration, adopted at the conclusion of the New Delhi Summit, stated the leaders' commitment towards the priorities discussed and agreed upon during the respective ministerial and working group meetings.