ALL ABOUT G20

 

All About G20

G20 Sherpa – Amitabh Kant

The theme of G20 - “Vasudhaiva Kutumba-kam”

One Earth, One Family, One Future

G20 India Logo - The symbol of the lotus in the G20 logo.

 

The two day summit from 9 – 10 September 2023, is taking place in Bharat Mandapam International Exhibition-Convention Centre, Pragati Maidan, New Delhi.

It is the 18th meeting of G20 (Group of Twenty), and for the first time G20 summit is being held in India as well as in South Asia.

The Summit is chaired by the Prime Minister of India, Shri Narendra Modi.

 

YEAR	PRESIDENCY
2022	Indonesia
2023	India
2024	Brazil

India took over the presidency of the G20 from Indonesia since December 01, 2022, and will continue to hold the position until November 30, 2023.India formally hands over G20 Presidency to Brazil.

 

Prime Minister of India, Shri Narendra Modi formally handed over the Presidency of Grouping of 20 (G20) to Brazil President Luiz Inacio Lula da Silva, at the closing ceremony of the Summit on September 10, 2023.

The 2023 G20 Leaders’ Summit began in New Delhi on September 09, 2023.

Two major global partnerships announced on Day 1 of the Summit under India’s presidency are: Global Biofuel Alliance and India-Middle East-Europe Economic Corridor announced at 2023 G20 New Delhi Summit .

1.Global Biofuel Alliance (GBA)

It is the third multilateral initiative created by the Narendra Modi-led government, behind the

International Solar Alliance and the Coalition for Disaster Resilient Infrastructure.

India, Brazil and the United States are the founding members of the GBA.

The initiative urges countries at a global-level to take ethanol blending in petrol up to 20 percent.

A total of 19 countries and 12 international organizations have so far agreed to join the alliance. This

includes both G20 members and non-member countries.

 

2.India-Middle East-Europe Economic Corridor.

The ‘India-Middle East-Europe Economic Corridor’ is aimed at building rail and waterways corridors

across the Middle East and India.

The initiative is funded by the G7 group of nations, which includes India, the UAE, Saudi Arabia, the

European Union, France, Italy, Germany and the US.

This infrastructure corridor is part of an ambitious initiative, the Partnership for Global Infrastructure Investment.

 

Recent G20 India Meetings and Venues:-

1. Secretariat for Science 20 (S20) Meeting - IISc Bengaluru.

2. G20 Foreign Ministers Meeting - New Delhi.

3. G-20 Science 20 inception Meeting - Puducherry.

4. First Infrastructure Working Group Meeting - Pune.

5. First Global Partnership for Financial Inclusion Working Group Meeting- Kolkata.

6. First G20 International Financial Architecture Working Group meeting- Chandigarh.

7. First Employment Working Group Meeting under the Sherpa track of the G20 - Jodhpur, Rajasthan.

8 First G20 Energy Transition Working Group meeting - Bengaluru