What is the G20? What is the importance of G20?

What is the G20?Know the importance || The G twenty summit held in Delhi India 2023

What is the G20? Do you khow about it? Today We will disscus about the summit which will be held in India.To know more details about the summit Please read our full article to better knowledge.

G20 summit
Photo:The Global Statistics

                 What is the G20 summit?

The G twenty summit is a forum of the 20 largest economies in the world that meets regularly to discuss the most pressing issues facing the global economy.

The current members of G twenty: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico,Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States, plus the European Union, Russia.

Who are the G twenty Members?

On the Number of its Members, its name is termed as the G-20. It is worth mentioning that G twenty members represent around 85% of global GDP, over 75% of global trade, and two-thirds of the world’s population. The name of G twenty members are given below:

Australia Argentina
Brazil Canada
China France
Germany India
Indonesia Italy
Japan Mexico
Republic of Korea Russia
South Africa Saudi Arabia
United States of America United kingdom
The European Union Turkey

 

The G twenty started in 1999 but Successive meetings of G twenty leaders were held in Washington DC in 2008, London(UK) in early 2009 and Pittsburgh in late 2009 and have since become annual fixtures.

India will host the G20 Summit 2023:

The G twenty Summit Is an Opportunity for Narendra Modi and a Test of India’s Global Leadership.

 

Leave a Reply

Your email address will not be published. Required fields are marked *