G20 refers to a group of 20 countries gathering for international economic cooperation. India holds the presidency for G20 from 1 December 2022 to 30 November 2023.
G20 summit 2023 members
G20 comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States) and European Union. The presidents and prime ministers of these countries come together and discuss strengthening the global architecture and governance.
How G20 works?
The G20 Presidency holds the Summit and directs the G20 agenda for a calendar year. There are two concurrent tracks at the G20: the Finance Track and the Sherpa Track. Sherpas are in charge of the Sherpa Track after the Finance Track, which central bank governors and finance ministers lead.
The G20 process is handled from the Sherpa side by the Sherpas of the participating nations, who serve as the Leaders’ envoys. The central bank governors and finance ministers of the participating nations oversee the Finance Track. There are working groups with a particular focus on each of the two tracks, in which participants come from the member countries’ relevant ministries as well as from invited/guest nations and different international organizations.
There is no permanent secretariat for the Group. The past, present, and incoming presidents—the troika—support the presidency. The troika will consist of Indonesia, India, and Brazil during India’s Presidency, accordingly.
Logo and Theme of G20
The theme for G20 2023 is Vasudhaiva Kutumbakam” or “One Earth · One Family · One Future”. The logo draws inspiration from India’s National flag colors: Saffron, Blue, White, and Green and India’s national flower. The theme also represents LiFe (Lifestyle for Environment).
Dates of G20 Summit 2023
India is hosting the G20 Summit 2023 from 9-10 September in New Delhi. The central government of India declared a public holiday from 8-10 September 2023 in New Delhi. All the banks, schools, and offices are closed in the region. Delhi Police recently released a public statement stating that they are ready with all the safety procedures and protocols for hosting the summit in the country. Along with New Delhi, some of the other host cities in India are Bengaluru, Chandigarh, Chennai, Guwahati, Indore, Jodhpur, Khajuraho, Kolkata, Lucknow, Mumbai, Pune, Rann of Kutch, Surat, Thiruvananthapuram, and Udaipur. The meeting in India is a culmination of all the previous G20 meetings held over the year.
In India, soon all the news channels and journalists will be covering the G20 summit and the current happenings of the event. We’ll soon post another article covering all the updates for the G20 summit 2023 in India.
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