All about G20 summit 2023

what is G20 summit?

The G20, or Group of Twenty, is an international forum for governments and central bank governors from 19 countries and the European Union. It brings together some of the world's major advanced and emerging economies to discuss and coordinate on various global economic issues. The G20 was established in response to the financial crises of the late 1990s as a platform for high-level discussions on economic policies and cooperation.

 

The member countries of the G20 include:

 

        1.    Argentina

        2.    Australia

        3.    Brazil

        4.    Canada

        5.    China

        6.    France

        7.    Germany

        8.    India

        9.    Indonesia

        10. Italy

        11. Japan

        12. Mexico

        13. Russia

        14. Saudi Arabia

        15. South Africa

        16. South Korea

        17. Turkey

        18. United Kingdom

        19. United States

 

 

European Union (represented by the European Commission and the European Central Bank)

The G20 summits are held annually, and they provide an opportunity for leaders of these countries to discuss a wide range of economic and financial issues, including:

 

Global economic growth and stability: 

        1. Trade and investment policies

        2.    Financial market regulations

        3.    Employment and labor market policies

        4.    Sustainable development and climate change

        5.    Infrastructure development

```    6.    Digitalization and innovation

 

 

The G20 summits are often accompanied by meetings of finance ministers and central bank governors, as well as various working groups and committees focusing on specific policy areas. The host country of the G20 summit changes each year, and the meetings are known for bringing together leaders with diverse perspectives and priorities to collaborate on finding solutions to global economic challenges.

G20 Summit Date and Venue 2023

The G20 Summit is decided to be held in New Delhi, India at Pragati Maidan. The summit will be the culmination of all of the G20 meetings and gatherings of ministers, top government officials, and representatives of civil society organizations that took place during the year. The 18th gathering of the G20 Leaders of State and Government will take place in New Delhi on September 9 and 10, 2023, in the Pragati Maidan. The G20 is now held in New Delhi at Pragati Maidan. 

G20 summit 2023 some most important information that you should know if you live in Delhi or Planning to visit Delhi:

1. Delhi Traffic Police declares that some areas are blocked due to the G20 summit 2023          and no one will be able to go there, it is similar to a lockdown in some areas only.

2. Schools and colleges will be closed for 3 days due to this G20 summit 2023.

3. It will not affect the rest public because the government of India declared these 3 days a        public holiday.

4. Essential services will not be affected, entry of heavy vehicles is not permitted except for     those who are carrying essential goods and ambulance service will be open in every            place. 

5. All types of goods vehicles, commercial vehicles, interstate buses, local city buses, DTC      and DIMTS buses will not be allowed to ply on Mathura Road (beyond Ashram Chowk),      Bhairon Road, Purana Quila Road and inside Pragati

    Maidan Tunnel during the event.

6. Taxi and auto not allowed to ply in the New Delhi district, Exception: Those booked by        hotel guests or residents

Venue of G20 summit 2023:

G20 is now held in New Delhi at Bharat Mandapam International exhibition-convention Centre (IECC) Pragati Maidan, New Delhi - 110002.