India will host the prestigious annual summit of G20 (Group of 20) nations here next year in September besides over 200 meetings of the grouping across the country after assuming its presidency for one year from December 1, 2022.
Announcing the schedule of the programmes, the ministry of external affairs (MEA) said here on Tuesday, "The G20 Leaders' Summit at the level of Heads of State/Government is scheduled to be held on September 9 and 10, 2023 in New Delhi."
The G20 is an intergovernmental forum of the world's major developed and developing economies. It comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the European Union (EU).
Collectively, the G20 accounts for 85 per cent of the global GDP, 75 per cent of international trade, and two-thirds of the world population, making it the premier forum for international economic cooperation.
India is currently part of the G20 Troika (current, previous, and incoming G20 Presidencies) also comprising Indonesia and Italy.
During India's Presidency, India, Indonesia and Brazil would form the troika.
This would be the first time when the troika would consist of three developing countries and emerging economies, providing them a greater voice, the MEA said.
There is a tradition of the G20 Presidency inviting some guest countries and international organisations to the meetings and summit besides the members.
Accordingly, in addition to regular international organisations like the United Nations(UN), International Monetary Fund(IMF), World Bank, World Health Organization, World Trade Organization and International Labour Organization among others, India, as G20 Presidency, will be inviting Bangladesh, Egypt, Mauritius, the Netherlands, Nigeria, Oman, Singapore, Spain, and the UAE as guest countries, the MEA said.
It also said the ISA (International Solar Alliance), CDRI (Coalition for Disaster Resilient Infrastructure), and ADB (Asian Development Bank) would also be invited as guests.
"Whilst our G20 priorities are in the process of being firmed up, ongoing conversations inter alia revolve around inclusive, equitable and sustainable growth; LiFE (Lifestyle For Environment); women's empowerment; digital public infrastructure and tech-enabled development in areas ranging from health and agriculture," the MEA said.
The other key areas are education, commerce, skill-mapping, culture and tourism, climate financing, circular economy, global food security, energy security, green hydrogen, disaster risk reduction and resilience, developmental cooperation, fight against economic crime and multilateral reforms.
The G20 currently comprises - Finance Track, with 8 workstreams (Global Macroeconomic Policies, Infrastructure Financing, International Financial Architecture, Sustainable Finance, Financial Inclusion, Health Finance, International Taxation, Financial Sector Reforms); Sherpa Track, with 12 workstreams (Anti-corruption, Agriculture, Culture, Development, Digital Economy, Employment, Environment and Climate, Education, Energy Transition, Health, Trade and Investment, Tourism); 10 Engagement Groups of private sector/civil society/independent bodies (Business 20, Civil 20, Labour 20, Parliament 20, Science 20, Supreme Audit Institutions 20, Think 20, Urban 20, Women 20 and Youth 20).