New Delhi: India will host the G20 summit for the first time in 2023, said the Ministry of External Affairs on Wednesday. Union Minister for Commerce & Industry, Consumer Affairs, Piyush Goyal has been appointed as India’s Sherpa for the G20.
“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.,” said the MEA in a statement,
The next G20 Summit is scheduled to take place from October 30 to 31 under the Italian presidency. Goyal replaces Suresh Prabhu as India’s G20 Sherpa.
“Piyush Goyal, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, has been appointed as India’s Sherpa for the G20,” the Ministry of External Affairs said. Prime Minister 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 December 1, 2022 and will convene the G20 Leaders’ summit in 2023 for the first time,” the MEA said.
“India will be part of the G20 Troika (preceding, current, and incoming G20 Presidencies) from December 1, 2021 till November 30, 2024,” it said in a statement.
The G20 member nations are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States.