G20 SUMMIT Flashcards
When did it take place
9th and 10th September
India’s sherpa in G20 2023
Amitabh Kant
Current chairperson of African union
Azali Assoumani
Venue of G20 summit
Bharat Mandapam
Which nations was supposed to be the 20th G20 country but backed?
Nigeria
Next host of G20 Summit
LUIZ INACIO LULA DA SILVA…brazilian summit
G20 TROIKA
Indonesia
India
Brazil
Facts
19 countries and EUROPEAN UNION(now added African union)
Formed in 1999
It makes 2/3rd of global population
75% trade
85% of world’s GDP
Started as a platform for finance ministers and Central Bank governors
When was G20 elevated
2007 amid economic crisis
To level of heads of state and gov.
Named of elevated group
PREMIER FORUM FOR INTERNATIONAL ECONOMIC COOPERATION
Toronto 2010…CANADA
1st meeting of head of state or governments
NOV 2008 WASHINGTON DC
How many times G20 finance minis and Central Bank governors meet
Twice a year
2 main tracks of management
FINANCE TRACK
SHERPA TRACK
Function of SHERPA
Oversees Inputs from
*13 Working Groups
*2 Initiatives -
REASEARCH INNOVATION INITIATIVE GATHERING
G20 POWER
MEMBERS
Argentina
Australia
Brazil
Canada
China
France
Germany
India
Indonesia
Italy
Japan
Republic korea
Mexico
Russia
Saudi Arabia
South africa
Turkey
Uk
Us
European Union