The Ministry of External Affairs announced on Thursday that Prime Minister Narendra Modi will travel to the Indonesian city of Bali from November 14 to 16 in order to attend the two-day G20 conference.
On December 1, India will take over the group’s Presidency from Indonesia, which is currently in that position.
An important intergovernmental meeting of the world’s main established and emerging countries is the G20, sometimes known as the Group of 20. Argentina, Australia, Brazil, Canada, China, France, Germany, Greece, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union make up the influential group (EU).
On November 15 and 16, the G20 summit will be held in Bali, and PM Modi is expected to be one of the top world leaders present.
The G20 is the top platform for worldwide economic cooperation, encompassing over two-thirds of the world’s population, over 75% of global trade, and about 85% of the global GDP. Along with Indonesia and Italy, India is currently a member of the G20 Troika (current, past, and incoming G20 Presidencies).
The G20 Summit’s motto for this year is “Recover Together, Recover Stronger.”
Since the globe has been facing difficulties in all sectors, from health to education to international trade, as a result of the worldwide pandemic that struck the planet in 2020 and wrecked havoc, Indonesia has stated that its presidency carries the ethos of “recover together.”
The conflict in Ukraine, growing living expenses, mounting debt, and the disastrous effects of climate change have all contributed to the global catastrophe. Furthermore, the inability of some nations to deal with crisis situations has stopped the globe from finding solutions to the shared issues.