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Tuesday, October 26, 2021

Nw: India to host G-20 summit in 2023; Piyush Goyal appointed sherpa for grouping

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Commerce and Industry Minister Piyush Goyal has been appointed as India’s Sherpa for the G20, an influential grouping that brings together the world’s necessary economies.

Making the announcement, the Ministry of External Affairs said on Tuesday that India will preserve the G20 presidency from December 1, 2022, and would possibly well per chance convene the G20 leaders’ summit in 2023 for the necessary time.The next G20 Summit is scheduled to happen from October 30 to 31 below the Italian presidency.Goyal replaces Suresh Prabhu as India’s G20 Sherpa.“Piyush Goyal, Union Minister for Commerce and Industry, User Affairs, Meals and Public Distribution, and Textiles, has been appointed as India’s Sherpa for the G20,” the Ministry of External Affairs said.Top Minister Modi has been leading India’s representation at G20 summits since 2014.India has been a member of the G20 since its inception in 1999.“India will likely be retaining the G20 presidency from December 1, 2022 and would possibly well per chance convene the G20 Leaders’ summit in 2023 for the necessary time,” the MEA said.”India will likely be phase of the G20 Troika (preceding, most modern, and incoming G20 Presidencies) from December 1, 2021 till November 30, 2024,” it said in an announcement.The G20 brings together 19 of the world’s leading economies and the European Union, with its contributors accounting for more than 80 per cent of global GDP, 75 per cent of global replace and 60 per cent of the worldwide residents, in accordance with MEA.The G20 member nations are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the United States.

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