G20 Space Economy Leaders' meeting begins in Bengaluru

Tags: Summits

The 4th edition of G20 Space Economy Leaders Meeting was held in Bengaluru, India.

An Overview of the News

• This is the first face-to-face meeting under the umbrella of the G20, previous meetings were held virtually or in a hybrid format.

Theme:

• The theme of the fourth edition is "Towards a New Space ERA".

• The theme is in line with the overarching theme of the G20 summit, which is "One Earth, One Space and One Future".

Discussion On Space Economy

• On the first day, heads of national space agencies, leaders of space industries from G20 countries and representatives of guest countries participated in the discussion.

• The focus was on increasing the share of the space economy in the global economy.

• The goal is to foster connections and cooperation within the space business sector.

• Proceedings of the meetings are intended to support the goal of responsibly and continuously improving the share of the space economy in the global economy.

• President of IN-SPACe - Dr. Pawan Kumar Goenka

About the G20

• It is an international forum of the world's leading economies established in 1999.

• Its primary objective is to promote international financial stability and sustainable economic growth.

• The G20 serves as a forum to discuss and coordinate policies related to a wide range of economic and financial issues such as trade, investment, employment, energy and climate change.