G20 Summit 2023 Schedule together leaders from 19 countries and the European Union to discuss and make decisions on global financial matters. With India taking the role of the G20 presidency, the summit holds immense importance in shaping the future of the global economy.
In this Article
What is G20?
The G20, established on September 26, 1999, is a group of 19 countries and the EU that come together to address critical financial issues impacting the world. These member countries hold substantial power, representing almost two-thirds of the global population, conducting about 75% of the world’s trade, and producing around 85% of the world’s currency.
The G20 serves as a powerful platform for global cooperation in business matters, significantly influencing international economic issues and strengthening global governance and architecture.
G20 Presidency Rotation
One of the unique features of the G20 is its rotating presidency among member nations. India holds the G20 presidency for both 2022 and 2023. The presidency passed from Indonesia to India on December 1, 2022, and will continue until November 30, 2023.
Following India’s tenure, the G20 presidency will be handed over to Brazil, completing the sequence of Indonesia–>India–>Brazil.
The Purpose of the G20
Initially focused on macroeconomic issues, the G20 has since expanded its agenda to include trade, sustainable development, health, agriculture, energy, environment, climate change, and anti-corruption. The G20’s primary goals are:
- Promoting financial regulations to reduce risks and prevent future financial crises.
- Establishing a new global financial architecture.
- Coordinating policies among member nations to achieve global economic stability and sustainable growth.
G20 Summit 2023 Schedule
The G20 Summit 2023, under India’s leadership, is scheduled to take place on September 9-10 at the Pragati Maidan in New Delhi. The summit will culminate various meetings and gatherings held throughout the year, involving ministers, senior government officials, and civil society representatives.
Here is the complete schedule for the G20 meetings planned during India’s presidency:
Sherpa Meetings:
- 13th – 15th December 2022 in Udaipur
- 30 March–2 April 2023, Kumarakom, India.
- 13th – 15th July 2023 in Hampi
Finance & Central Bank Deputies Meetings:
- 13th – 16th December 2022 in Bengaluru
- 15th – 17th July 2023 in Gandhinagar
Development Working Group Meetings:
- 16th – 17th December 2022 in Mumbai
- 12th – 13th April 2023 in Kumarakom
Framework Working Group Meetings:
- 20th December 2022 in Bengaluru
- 27th – 29th March 2023 in Chennai
Joint Finance and Health Task Force Meetings:
- 9th – 11th January 2023 (Virtual mode)
Global Partnership for Financial Inclusion Meeting G20 Summit 2023 Schedule:
- 16th – 17th January 2023 in Kolkata
- 15th – 17th March 2023 in Hyderabad
- 22nd – 25th February 2023 in Lucknow
- 3rd Meeting for the Global Partnership for Financial Inclusion on 22nd June 2023 in Bali
Infrastructure Working Group Meetings:
- 18th – 20th January 2023 in Pune
Health Working Group Meetings:
- 30th – 31st January 2023 in Thiruvananthapuram
- 5th – 7th June 2023 in Hyderabad
International Financial Architecture Working Group Meetings:
- 2nd – 4th February 2023 in Chandigarh
- 1st – 4th April 2023 in Paris
Education Working Group Meetings:
- 31st January – 2nd February, 2023 in Chennai
- 9th – 11th May 2023 in Bhubaneswar
- 20th March 2023 in Amritsar
Employment Working Group Meetings:
- 2nd – 3rd February 2023 in Jodhpur
- 4th – 6th June 2023 in Geneva
- 21st July 2023 in Indore
Sustainable Finance Working Group Meetings:
- 5th – 7th February 2023 in Guwahati
- 24th – 26th March 2023 in Udaipur
- 21st – 22nd June 2023 in Mahabalipuram
Energy Transitions Working Group Meetings:
- 7th – 9th February 2023 in Bengaluru
- 2nd – 4th April 2023 in Gandhinagar
Tourism Working Group Meetings:
- 9th – 11th February 2023 in Rann of Kutch
- 19th – 21st June 2023 in Goa
Environment and Climate Working Group Meetings:
- 13th – 15th February 2023 in Bengaluru
- 28th – 29th March 2023 in Gandhinagar
Agriculture Working Group Meetings:
- 13th – 15th February 2023 in Indore
- 30th – 31st March 2023 in Visakhapatnam
Culture Working Group Meetings:
- 1st – 2nd March 2023 in Khajuraho
- 21st – 22nd August 2023 (To be confirmed)
Disaster Management Working Group Meetings:
- 30th March – 1st April 2023 in Chandigarh
- 30th March – 2nd April 2023 in Gandhinagar
Joint Health-Finance Task Force Meetings:
- 24th – 25th March 2023 (Virtual mode)
- 26th – 28th June 2023 (Virtual mode)
- 21st – 23rd March 2023 (Virtual mode)
Trade & Investment Working Group Meetings:
- 29th – 31st March 2023 in Mumbai
- 19th – 21st June 2023 in Kevadia
- 23rd August 2023 in Jaipur
G20 Summit 2023 Schedule, G20 Member Countries
The G20 consists of 19 member countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK, and the USA. Additionally, The European Union is a member.
G20 2023 Logo & Theme
The G20 2023 logo takes inspiration from India’s national flag, incorporating saffron, white, green, and blue colors. It features the Earth and the lotus, India’s national flower, symbolizing growth amidst challenges.
The motto of India’s G20 Leadership is “Vasudhaiva Kutumbakam,” which translates to “One Earth, One Family, One Future,” highlighting the interconnectedness and value of all life on Earth and beyond.
Conclusion
The G20 Summit 2023, hosted by India, presents a crucial opportunity for leaders from around the world to address global financial matters and foster cooperation in economic policies. Through its rotating presidency and inclusive membership, the G20 continues to play a significant role in shaping the future of the global economy.
Frequently Asked Questions
- What is the G20 Summit 2023, and why is it important?
- How does the G20 Presidency rotation work?
- What are the key objectives of the G20?
- What is the schedule of the G20 meetings during India’s presidency?
- Which countries are members of the G20?