India to host G-20 summit in 2023 for the first time

INTERNATIONAL DESK: The government on Tuesday appointed commerce and industry minister Piyush Goyal as India’s Sherpa for the G20.

Goyal is also India’s minister for consumer affairs, food & public distribution, and textiles besides being the Leader of the House in Rajya Sabha.

G20 is a major international grouping that brings together 19 of the world’s major economies and the European Union, with its members accounting for more than 80% of global GDP, 75% of global trade and 60% of global population.

Prime Minister Narendra Modi has been leading India’s representation at G20 Summits since 2014.

India has been a member of the G20 since its inception in 1999. India will be holding the G20 Presidency from 1 December 2022 and will convene the G20 Leaders’ Summit in 2023 for the first time.

The next G20 Summit is scheduled for October 30-31, 2021 under Italian Presidency.

India will be part of the G20 Troika (preceding, current, and incoming G20 Presidencies) from December 1, 2021 till November 30, 2024, the ministry of external affairs said in a statement.

(The Economic Times)