G20 summit

• Date: 8-10 September
• Venue: India Trade Promotion Organisation (ITPO) complex, New Delhi, India
• Theme: Vasudhaiva Kutumbakam

2023 G20 New Delhi Summit:

When and where is G20 Summit 2023?
The G20 Summit, of which India is hosting the presidency for More…

2023 G20 New Delhi Summit:

When and where is G20 Summit 2023?
The G20 Summit, of which India is hosting the presidency for the year 2023. The summit will be held in Delhi for September 8, 9 and 10. Delhi will host the annual summit of the Group of 20. It will be culmination of all the G20 processes and meetings held throughout the year under India's Presidency. The event will take place at the revamped India Trade Promotion Organization (ITPO) complex, erstwhile Pragati Maidan

What is G20 or The Group Of Twenty?
The Group of Twenty, or the G20, is the premier forum for international economic cooperation, made up of 19 countries and the European union, representing the world's major developed and emerging economies. The G20 Was formed in 1999.

Who Attends the G20 Meet?
The G20 which started out in 1999 as a meeting of finance ministers and central bank governors. Following the global financial crisis in 2008, the urgent need for a meeting of the G20 at the leaders level emerged. The G20 is now attended by finance ministers and heads of government representing the members. The EU is represented by a rotating council presidency and European central bank.

The first G20 Summit of heads of state and government was held in 2008 in Washington DC.

How Often Do Members Meet?
The G20 Summit is Held Annually. The Forum has met every year since 1999, with leaders meeting for an annual G20 Leaders Summit since 2008.

The 2020 Summit was held virtually due to covid-19.

Who are the G20 Members?
The group of G20 countries comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkiye, United Kingdom, United States and the European Union. Spain is invited as a permanent guest.

What Does the G20 Do?
The G20 is the premier global forum for discussing economic issues.

What are objectives of G20 Summit?
Policy coordination between member countries to achieve global economic stability and sustainable and inclusive growth.
To Promote financial regulations that rescue risks and prevent future financial crises.
To create a new international financial architecture.

Why is India hosting the annual summit in 2023?
The G20 operates without a permanent secretariat or staff. The chair rotates annually among the members and is selected from a different regional grouping of countries.
Indonesian President Joko Widodo, in November 2022, Handed over the G20 presidency to India at the end of the two day G20 Summit Concluded in Bali. India officially assumed the G20 presidency from 1 December 2022

Where will the next G20 Meetings take place?
After India, Brazil will take the presidency of G20, followed by South Africa in 2025.
The 2024 Summit will take place from 12-14 July in Brazil.

Where was last G20 Summit 2022 held?
The 2022 G20 Bali summit was the seventeenth meeting of Group of Twenty which was held in Nusa Dua, Bali, Indonesia on 15–16 November 2022

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