G20 Third Framework Working Group meeting held in Kochi

Tags: National News

The G-20 Third Framework Working Group meeting is currently held in Kochi, Kerala under the G20 Presidency of India.

An Overview of the News 

• More than 75 delegates from G-20 member states, invited countries and international/regional organisations participated.
• The meeting was jointly chaired by Dr V Ananth Nageswaran, Chief Economic Adviser, Union Ministry of Finance and Tom Hemingway, Deputy Director of the UK Treasury.
• The focus of the meeting includes discussions on the global economic outlook, the macroeconomic impact of food and energy insecurity, and the impact of climate change and transition pathways on the economy.
• The purpose of the meeting is to facilitate a shared understanding of member countries' policy experiences and to identify areas where global cooperation can support national efforts.
• A panel discussion on “Financial Globalization - Opportunities and Risks” was organised along with the working group meeting.

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.

About Kerala

Capital - Thiruvananthapuram

Official Bird - Great Hornbill

Governor - Arif Mohammad Khan

Chief Minister - Pinarayi Vijayan

Origin of rivers in Kerala

• Periyar River
• Bharathapuzha River
• Pamba River
• Chaliyar River
• Chalakudy River

India's longest lake - Vembanad, Kerala