All-party meeting for G-20 today: Leaders will be asked for suggestions for the summit
All-party meeting for G-20 today: Leaders will be asked for suggestions for the summit; World leaders will gather in India in September next year
India has officially got the chairmanship of the G-20 summit to be held next year on December 1. Today, the Central Government has called an all-party meeting at Rashtrapati Bhavan regarding the preparations for this summit to be held in India. Parliamentary Affairs Minister Prahlad Joshi told that heads of about 40 parties have been called. Prime Minister Narendra Modi will be present at the meeting.
Tamil Nadu Chief Minister M.K. Stalin will attend the all-party meeting. West Bengal Chief Minister Mamata Banerjee will also attend the all-party meeting. Mamta said that she would participate as Trinamool Congress President and not as Chief Minister of West Bengal. If sources are to be believed, Telangana Chief Minister K. Chandrasekhar Rao will not attend the meeting.
Under its chairmanship, India will focus on LiFE (Lifestyle for Environment) meaning environment-related lifestyle. Along with this, women's empowerment and the development of technology in different fields like health, agriculture, education, culture, tourism and commerce is India's priority.
The country presiding over the G20 invites some guest countries and IOs (International Organizations). India will invite presidents of International Organizations (UN, IMF, World Bank, WHO, WTO, ILO, FSB and OECD) and Regional Organizations (AU, AUDA-NEPAD and ASEAN).
Apart from this, India will invite 9 countries as guests. These include Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and UAE. Also invite ISA (International Solar Alliance), CDRI (Coalition for Disaster Resilient Infrastructure) and ADB (Asian Development Bank) as guest IOs.
Every year a troika is formed in G20 which consists of 3 countries. The current, past and upcoming G-20 summit presidencies are part of this troika. This year there is a troika of India, Italy and Indonesia. Next year, India will form this group under its chairmanship with Indonesia and Brazil. This will be the first time that a troika will have three developing countries from emerging economies.
There are 20 countries in the G20 group forum. It includes countries with developed and developing economies in the world. 19 countries include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and European Union (EU) Huh.
The G-20 is the main forum for international economic cooperation, as its member states account for 85% of the world's GDP. It also includes 75% of the world's international trade. Two-thirds of the world's population lives in these countries.