G20
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Context: Cabinet approves Secretariat for 2023 G20 summit.
Other details:
· Secretariat role:
o It will look after the affairs of organizing the G20 summit in 2023.
o The Secretariat will be functional till February 2024.
o It will handle work relating to substantive/knowledge/content, technical, media, security and logistical aspects of India’s G20 Presidency.
o It will be manned by officers and staff from the Ministry of External Affairs, Ministry of Finance, and other relevant line Ministries/Departments and domain knowledge experts.
o It will enable long term capacity building, including knowledge and expertise, for India’s leadership on global issues in multilateral fora.
Apex committee:
o An “apex committee” with Prime Minister at the head, and the Ministers of Finance, Home and External Affairs, will provide guidance to the planning.
o The committee will also include Commerce and Industry, who is the current the “G20 Sherpa” conducting international negotiations at the level of G20.
India’s G20 Presidency:
India will steer the international body as its President from December 1, 2022 to November 30, 2023.
About G-20:
- It is the premier forum for international economic cooperation, which reflects a recognition that global prosperity is interdependent and our economic opportunities and challenges are interlinked.
- G20 countries have come together to better prepare for the future.
- As a founding member of the G20, India has used the platform to raise issues of vital importance and those that impact on the most vulnerable around the world.
- Apart from the G7 countries, the G20 comprises Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea, and Turkey.
- Together, the G20 countries make up around 80% of the world’s economy and two-thirds of the world’s population.
https://www.thehindu.com/news/national/cabinet-approves-secretariat-for-2023-g20-summit/article65053454.ece?homepage=true
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