PM Modi to unveil logo, theme, and website of India’s G20 Presidency
Tags: National National News
Prime Minister Narendra Modi on 8 November will unveil the logo, theme and website of India’s G20 Presidency via video conferencing.
Important facts
The logo, theme and website will reflect India's message and the wider priorities for the world.
Guided by Modi's vision, India's foreign policy is evolving to assume a leadership role on the global stage.
Taking an important step in this direction, India will assume the presidency of the G20 from December 1, 2022.
This provides India with a unique opportunity to contribute to the global agenda on important issues of international importance.
During the G20 Presidency, India will hold around 200 meetings in 32 different sectors at multiple locations across India.
About G-20
The "Group of 20" (G20) is made up of finance ministers and central bank governors from 19 countries and the European Union.
Member countries - Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Republic of Korea, Turkey, United Kingdom and United States of America.
It is a major forum for international economic cooperation.
The G20 plays a strategic role in achieving future global economic growth and prosperity.
Origins of the G-20
In the wake of the 1997 economic crisis, the G7 finance ministers announced the creation of a "Group of 20".
The first official meeting of the G20 was held in Berlin in December 1999.
G-20 leaders have met every year since 2010.
Contribution of G -20
G20 member countries represent more than 80% of world GDP, 75% of international trade and 60% of the world's population.
Presidency of G -20
Its presidency rotates with each member country.
India will hold the Presidency of the G-20, for the first time, from 1st December 2022 to 30 November 2023 culminating in the G-20 Summit in 2023.
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