NEW DELHI, INDIA

9-10 SEPTEMBER 2023

Overview
The G20 is an annual forum consisting of 19 countries and the
EU, focusing on global economic and financial issues. It aims
to promote cooperation, discuss policy, and address challenges
for economic stability, sustainable development, and
international collaboration.
 Agenda 2023

Green Development, Climate Finance & Life

Agenda Priorities Accelerated, Inclusive & Resilient Growth

Accelerating progress on SDGs

The G20 India has outlined six agenda priorities for the year 2023, Technological Transformation & Digital Public
setting the stage for crucial discussions within the G20 dialogue. Infrastructure

Accelerated, Inclusive & Resilient Growth

Accelerating progress on SDGs

About G20
The Group of Twenty (G20) serves as the primary platform for
fostering international economic cooperation, wielding significant
influence in shaping and fortifying the global framework and
governance concerning critical international economic matters. India,
in its capacity as the current G20 Presidency, holds this esteemed
position from December 1, 2022, to November 30, 2023, with a
mandate to guide and facilitate discussions on key global economic
issues during its tenure.
Presidency
India assumed the presidency of the G20 on December 1,
2022, following a formal handover ceremony where the G20
Presidency gavel transitioned from Indonesian President
Joko Widodo to Prime Minister Modi at the conclusion of
the Bali summit. Indonesia held the G20 presidency in 2022.

The G20 New Delhi Summit, scheduled for the

third quarter of 2023, will be presided over by the
Prime Minister of India, Narendra Modi.
Where Will G20 Be Held In
India?
The 2023 G20 New Delhi summit, also known as the 18th meeting of
the G20 (Group of Twenty), is on the horizon and will convene at the
Bharat Mandapam International Exhibition-Convention Centre (IECC)
located within Pragati Maidan, New Delhi, in the year 2023.
Timeline Of G20

1999
The G20 is established in response to the Asian financial crisis, with finance
ministers and central bank governors from 19 countries and the European Union
participating.

2008
The G20 plays a crucial role in responding to the global financial crisis. The first G20
Leaders' Summit is held in response to the crisis, where leaders commit to
coordinated efforts to stabilize the global economy .

2009
The London Summit results in the G20 leaders committing to a significant economic
stimulus package to address the global financial crisis and establish new financial
regulations.
2010
The G20 plays a crucial role in responding to the global financial crisis. The first G20
Leaders' Summit is held in response to the crisis, where leaders commit to
coordinated efforts to stabilize the global economy.

2011
France hosts the G20 and prioritizes issues like international financial
regulation and food security.

2012
Mexico hosts the G20, focusing on issues such as job creation, growth, and
development.

2013
The G20 is established in response to the Asian financial crisis, with
finance ministers and central bank governors from 19 countries and
the European Union participating.
2014
Australia hosts the G20 and emphasizes economic resilience, infrastructure
development, and taxation issues.

2015
Turkey holds the G20 Presidency and addresses issues like trade, refugees, and
climate change.

2016
China hosts the G20, with a focus on structural reforms, innovation, and sustainable
development.

2017
Germany holds the G20 Presidency, addressing issues such as climate change, global
health, and digitalization.
2018
Argentina hosts the G20, focusing on issues like trade tensions, financial stability,
and sustainable development.

2019
Japan hosts the G20 and highlights issues such as the digital economy, trade disputes,
and climate change.

2020
Saudi Arabia hosts the G20, with a strong emphasis on addressing the global
challenges posed by the COVID-19 pandemic, including economic recovery and
vaccine distribution.

2021
The G20 is established in response to the Asian financial crisis, with finance
ministers and central bank governors from 19 countries and the European Union
participating.
How G20 Works

The G20 Presidency directs the G20's annual agenda and hosts the Summit. It
operates through two key tracks: the Finance Track, led by Finance Ministers
and Central Bank Governors, and the Sherpa Track, guided by personal
emissaries of the Leaders. Working groups within these tracks involve
representatives from member ministries, invited/guest nations, and
international organizations, meeting regularly during the Presidency term.
Sherpas manage year-round negotiations, shaping the Summit's agenda.
Engagement Groups connect civil society, parliamentarians, think tanks,
women, youth, labor, businesses, and researchers. The G20 operates without a
permanent secretariat and is supported by the Troika—past, present, and
future Presidencies, e.g., Indonesia, India, and Brazil during India's
Presidency.
 G20 Members
The Group of Twenty (G20) consists of 19 individual countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea,
Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, and the United States, in addition to the European Union. Together, G20 member nations collectively
account for approximately 85% of the world's total Gross Domestic Product (GDP), over 75% of global trade, and represent about two-thirds of the global population.

Argentina Australia Argentina Canada China France

Germany India Indonesia Italy Italy Mexico

 G20 Members

Republic of Russia Saudi Arabia South Africa Türkiye United

Korea Kingdom

United States of European Union

America
 Invitees

Bangladesh Egypt Mauritius Netherlands Nigeria

Oman Singapore Spain UAE

01. When Did The G20 Come Into Being? Why?

The Soviet Union's fall in 1991 ended the Cold War.

Emerging economies like Brazil, China, and India
highlighted the need for global governance reform. The G20,
initially the G22, formed in 1999 as an informal forum for
Finance Ministers and Central Bank Governors to address
global economic issues.
02. How Is The G20 Presidency Determined?
The G20 presidency is rotated among its members who (except the EU) are divided into 5 groups.

Group 1 Group 2 Group 3 Group 4 Group 5

Australia India Argentina France China

Canada Russia Brazil Germany Indonesia

Saudi Arabia South Africa Mexico Italy Japan

USA Türkiye UK South Korea

Conclusion
the G20, comprising major economies and the European Union,
serves as a critical forum for addressing global economic
challenges and fostering international cooperation. Its Finance and
Sherpa Tracks, along with Engagement Groups, facilitate
discussions on a wide range of issues, from finance and trade to
socio-economic concerns. Guest countries, international
organizations, and regional organizations broaden its reach and
impact. The G20's role in shaping global governance and
addressing pressing global issues underscores its significance in
today's interconnected world.