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Published on 5 September 2023
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Kulkarni Gruh Udyog
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Welcome to the G20 explainer!
The Group of Twenty, or G20, is a forum for international cooperation.!
It brings together leaders from the world's largest economies, representing or around 80% of global GDP.
The G20 was established in 1999 to address major global economic challenges.
It meets annually to discuss issues such as economic growth, trade, and financial stability.
The G20 aims to promote international financial stability and sustainable economic growth.
It also addresses pressing global issues, such as climate change and gender equality.
The G20 operates on the principle of consensus, meaning that decisions are made collectively and ensure the participation of all members.
The G20 Presidency rotates among its members, with each country holding the role for one year.
Ultimately, the G20 works towards fostering global economic cooperation and finding common solutions to global challenges.