Vasudhaiva Kutumbakam—One Earth, One Family, One Future is the theme of this year’s G20 Summit, scheduled to take place in Bharat Mandapam International Exhibition-Convention Centre (IECC), Pragati Maidan, New Delhi on September 9 and 10. According to the G20 website, this year’s theme “affirms the value of all life—human, animal, plant and microorganisms—and their interconnectedness on planet Earth and in the wider universe". For the first time, the G20 Summit is being held in India as well as in South Asia.
India’s presidency for this year’s G20 Summit began on December 1, 2022 it will end on November 30, 2023. The G20 New Delhi Summit will be chaired by Prime Minister Narendra Modi, and will be attended by leaders from most powerful nations in the world.
The G20, or the Group of Twenty, comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, and the United States) and the European Union. As a platform for fostering international economic collaboration, it plays an important role in moulding and fortifying the global framework and administration concerning crucial worldwide economic matters. Some of its key aims include coordinating policies among its member nations to attain worldwide economic stability and sustainable growth advocating for financial regulations aimed at mitigating risks and averting potential financial crises and establishing a fresh international financial framework.
The G20 2023 logo.
According to the Press Information Bureau, “the G20 logo draws inspiration from the vibrant colours of India’s national flag—saffron, white and green, and blue. It juxtaposes planet Earth with the lotus, India’s national flower that reflects growth amid challenges". On the G20 logo, the word ‘Bharat’ is written in Devanagari script. While introducing the logo, Prime Minister Narendra Modi had said, “The symbol of the lotus on the G20 logo is a representation of hope in this time. No matter how adverse the circumstances are, the lotus still blooms. Even if the world is in a deep crisis, we can still progress and make the world a better place."
Throughout India"s year-long tenure as the G20 presidency, the group has placed its primary focus on a range of critical subjects, demonstrating its commitment to addressing pressing global challenges, which include:
Besides the member nations, every year, invitations are extended to non-member countries and international organisations for participation in G20 meetings and the summit, by the president nation. This year, during India"s G20 presidency, Bangladesh, Egypt, Mauritius, the Netherlands, Nigeria, Oman, Singapore, Spain, and the UAE have been invited as guest countries. Additionally, specific international organisations which include the International Solar Alliance, the Coalition of Disaster Resilient Infrastructure and the Asian Development Bank have also received invitations from India to participate as guest organisations, which are in addition to the regular G20 international organisations, such as the United Nations, the International Monetary Fund, the World Bank, the World Health Organization, the World Trade Organization, the International Labour Organization, the Financial Stability Board, and the Organization for Economic Cooperation and Development, which participate every year. India has extended invitations to the chairs of certain regional organisations, including the African Union, the African Union Development Agency-New Partnership for Africa’s Development, and the Association of Southeast Asian Nations.
First Published: Sep 07, 2023, 09:57
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