G20 Summit 2023 will be based on theme of One Earth, One Family, and One Future, that means Vasudhaiva Kutumbakam. The summit is centered around understanding the value of all life. G20 leaders are the representatives of the world’s biggest economies. Among them, the president of the U.S. Joe Biden, Chancellor of Germany Olaf Scholz, French President Emmanuel Macron, Mohammed Bin Salman from Saudi Arabia, and Japan’s Fumio Kishida will be reached at New Delhi on weekend for G20 Summit.

The discussion includes the life of humans, animals, and microorganisms on the Earth and in the wide universe. This is the topic where the discussion will be related to the overall growth of the economy globally.

According to a recent statement coming from the White House stated that “G20 Summit” partners will discuss the agenda of joint efforts to tackle the global issues. In 2023 New Delhi got the opportunity to give views on the G20 presidency. It shows the ability of India to manage strong relations with rival powers.

What Matters Will Be Discussed In G20 For Financial Stability?

The G20 summit is all about discussing emerging economies and also addressing matters related to the global economy and financial stability. It will be organized from 9-10 September 2023 in New Delhi. The Bharat Mandapam at Pragati Maidan decked up to welcome the delegates and individual nations for the G20 summit. The Gala event will take place at the National Capital. The world’s most powerful and influential nations are all set to grace Delhi with their presence on September 9-10.

This year India will host the G20 Summit 2023. The selection of the host nation is a major aspect and the decision is taken by its members according to the new dynamics.

Who Decides The Presidency Of The G20 Summit?

The G20 Summit includes different 19 nations and also the European Union. On the basis of the global gross domestic product, global trade, and nearly 2-3% of the world’s popularity these are the aspects that count when choosing the presidency for the summit.

The presidency rotates among the member countries. During the group’s turn, every nation gets the chance and becomes eligible for the presidency. The presidency of the G20 Summit comes with a lot of responsibility. As a nation and a president of the present G20 Summit, you cannot only think about your country. The member has to consider every nation and make decisions accordingly.

Commitment By Countries Will Be Noticeable

In the G20 Summit 2023, the world will closely pay attention and watch the outputs and commitments that will made by the countries participated in the event. Critical aspects of global governance will be the focused topic in the event. The diplomatic ties will be going to happen for collaborative initiatives.

The President of the U.S., China’s state councillor Li Qiang will be there along with the UK’s PM, the president of Russia, and the South Korean President, France, Canada, Australia, Turkey, and Bangladesh will be part of the Gala Event, 2023.

Some countries will not show their presence such as Ukraine. Saudi Arabia, Mexico, Japan, Germany, and Italy still have not yet confirmed their presence.

It is going to be a hot topic to watch who will go to mark their attendance at the G20 Summit, 2023 in New Delhi on 9-10 September.

To know the further details regarding the Gala Event, G20 summit 2023, check the refrence link.
https://www.news18.com/tech/digital-india-experience-zone-g20-summit-spotlight-on-upi-aadhaar-bhashini-new-feature-ask-gita-8566734.html

Author: mayank