India will take over the G20 presidency from the current Indonesian presidency on December 1
India’s upcoming G20 Presidency is a matter of pride and a great opportunity for the country in its 75th year of independence, Prime Minister Narendra Modi said on November 8.
Modi made the remarks after unveiling India’s G20 Presidency logo, theme and website during an online event.
India will assume the chairmanship of the powerful grouping of Indonesia’s current presidency on December 1.
The G20, or Group of 20, is an intergovernmental forum of the world’s major developed and developing economies.
In his address, Mr Modi reflected on India’s development journey and said that all governments and people have contributed to moving India forward after independence.
The Prime Minister also said that development and the environment (Pragati and Prakriti) could walk together while emphasising sustainable development.
“It is a matter of pride for all Indians; it will bring greater glory for all Indians,” Mr Modi said on India’s upcoming presidency of G20.
The logo, theme and website of India’s G20 presidency reflected the country’s “message and overarching priorities” to the world.
The G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union (EU).
The G20 summit is taking place on November 15 and 16 in Bali, and Mr Modi is set to be among the top leaders attending it.
The G20 is the premier forum for international economic cooperation representing around 85% of the global GDP, over 75% of the global trade, and about two-thirds of the world population.
India is currently part of the G20 Troika (current, previous and incoming G20 presidencies) comprising Indonesia, Italy and India.