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Context: India has joined the G20 Troika, which consists of Indonesia, Italy, and India - the current, previous and incoming G20 Presidencies, respectively.

About G-20 trokia:

• Indonesia assumed the G20 Presidency and will convene various G20 meetings throughout the year.
• As a Troika-member, India will work closely with Indonesia and Italy to ensure consistency and continuity of the G20’s agenda.
• India will assume the G20 Presidency on December 1, 2022 from Indonesia, and will convene the G20 Leaders’ Summit for the first time in India in 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.indiatoday.in/india/story/india-joins-g20-troika-to-assume-g20-presidency-on-dec-1-next-year-1883006-2021-12-01

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