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G20 Summit

The G20 is a premier forum for international economic cooperation, established in 1999 and upgraded to include Heads of State in 2009. It operates through two main tracks: the Finance Track led by Finance Ministers and Central Bank Governors, and the Sherpa Track led by Sherpas, with various working groups addressing thematic issues. The 18th G20 Summit took place in New Delhi on September 9-10, 2023, culminating the year's discussions and resulting in a Leaders' Declaration on agreed priorities.

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26 views6 pages

G20 Summit

The G20 is a premier forum for international economic cooperation, established in 1999 and upgraded to include Heads of State in 2009. It operates through two main tracks: the Finance Track led by Finance Ministers and Central Bank Governors, and the Sherpa Track led by Sherpas, with various working groups addressing thematic issues. The 18th G20 Summit took place in New Delhi on September 9-10, 2023, culminating the year's discussions and resulting in a Leaders' Declaration on agreed priorities.

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MEMBER

COUNTRIES
How G20 Works
The G20 Presidency steers the G20 agenda for one year and hosts
the Summit. The G20 consists of two parallel tracks: the Finance
Track and the Sherpa Track. Finance Ministers and Central Bank
Governors lead the Finance Track while Sherpas lead the Sherpa
Track after Finance Track.
The G20 process from the Sherpa side is coordinated by the
Sherpas of member countries, who are personal emissaries of the
Leaders. Finance Track is led by Finance Ministers and Central
Bank Governors of the member countries. Within the two tracks,
there are thematically oriented working groups in which
representatives from the relevant ministries of the members as
well as from invited/guest countries and various international
organisations participate.
The Finance Track is mainly led by the Ministry of Finance. These
working groups meet regularly throughout the term of each
Presidency. The Sherpas oversee negotiations over the course of
the year, discussing agenda items for the Summit and coordinating
the substantive work of the G20.
In addition, there are Engagement Groups which bring together
civil societies, parliamentarians, think tanks, women, youth,
labour, businesses and researchers of the G20 countries.
The Group does not have a permanent secretariat. The Presidency
is supported by the Troika – previous, current and incoming
Presidency. During India’s Presidency, the troika will comprise
Indonesia, India and Brazil, respectively.
WHAT IS G20 ?
The Group of Twenty (G20) is the premier forum for international
economic cooperation. It plays an important role in shaping and
strengthening global architecture and governance on all major
international economic issues.

The G20 was founded in 1999 after the Asian financial crisis as a forum
for the Finance Ministers and Central Bank Governors to discuss global
economic and financial issues.

The G20 was upgraded to the level of Heads of State/Government in the


wake of the global economic and financial crisis of 2007, and, in 2009,
was designated the “premier forum for international economic
cooperation”.
The G20 Summit is held annually, under the leadership of a rotating
Presidency. The G20 initially focused largely on broad macroeconomic
issues, but it has since expanded its agenda to inter-alia include trade,
sustainable development, health, agriculture, energy, environment,
climate change, and anti-corruption.
G20 SUMMIT 2023
The 18th G20 Summit was successfully conducted at Bharat
Mandapam in New Delhi during 9-10 September, 2023. It was a
culmination of all the G20 processes and meetings held
throughout the year among ministers, senior officials, and
civil societies. The G20 Leaders’ Declaration was be adopted
at the G20 New Delhi Leaders’ Summit, stating their
commitment towards the priorities discussed and agreed
upon, during the respective ministerial and working group
meetings.

VENUE: BHARAT MANDAPAM


Date Host country Host leader
14–15 November
1st United States George W. Bush
2008
2nd 2 April 2009 United Kingdom Gordon Brown
24–25 September
3rd United States Barack Obama
2009
PREVIOUS SUMMITS
4th 26–27 June 2010 Canada Stephen Harper

11–12 November
5th South Korea Lee Myung-bak
2010
3–4 November
6th France Nicolas Sarkozy
2011

7th 18–19 June 2012 Mexico Felipe Calderón

5–6 September
8th Russia Vladimir Putin
2013
15–16 November
9th Australia Tony Abbott
2014
15–16 November Recep Tayyip
10th Turkey
2015 Erdoğan
4–5 September
11th China Xi Jinping
2016
12th 7–8 July 2017 Germany Angela Merkel
30 November –
13th 1 December 201 Argentina Mauricio Macri
8
14th 28–29 June 2019 Japan Shinzō Abe
21–22 November
15th Saudi Arabia King Salman
2020
30–31 October
16th Italy Mario Draghi
2021
15–16 November
17th Indonesia Joko Widodo
2022
9–10 September
18th India Narendra Modi
2023

18–19 November Luiz Inácio Lula


19th Brazil
2024 da Silva

20th TBD 2025 South Africa TBD

21st TBD 2026 United States TBD

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