Explainer: What is G20 Summit 2023? What will be discussed by world leaders in this crucial meet?

Discussions at the G20 Summit in Delhi in 2023 will include a wide range of subjects, highlighting both the shifting global environment and India's particular goals. With "Vasudhaiva Kutumbakam: One Earth, One Family, One Future" as its theme, the forthcoming G20 Summit is set to address a number of global challenges.

What is G20 Summit?

The G20, commonly referred to as the Group of Twenty, is an organization of European Union and 19 different nations. These member countries represent 85% of the world's economic production and 75% of its commerce, making them essential players in the world economy. According to BBC News, the G20 countries account for around two-thirds of the world's population.

What will discussed in G20 Summit 2023 by world leaders?

Issues regarding the revival of the global economy, supply chain failure, inflation, and financial discipline have dominated much of the discussion as the world's major nations gather while the Russia-Ukraine crisis persists. Different countries have differing perspectives on these issues. The partners will discuss economic, geopolitical, and climatic challenges at the meeting, according to official statement of White House.

India, the host nation, will bring up the topic of sustainability to encourage environmentally friendly behavior. India-led global movement LiFE will take part in the conversation. The mission's goal is to mobilize at least 1 billion Indians as well as other international citizens to take personal and collective actions to preserve and protect the environment between 2022 and 2028.

The ongoing dispute in Ukraine will also be up for discussion. However, Russian Foreign Minister Sergey Lavrov will be speaking for the largest nation in the world since Russian President Vladimir Putin will not be present at the meeting. At the G-20 conference, French President Emmanuel Macron intends to speak out against the "partitioning of the world."

The G20 Summit will give the President of the French Republic the opportunity to keep in continual communication with his counterparts from every nation in an effort to combat the dangers of the world becoming divided. The promotion of labor rights and welfare, the development of food chains, and closing social disparities are just a few of the issues that will be addressed in order to promote growth.

Among their various debates, the participants will also focus on the necessity of a human-focused view to technology. They will emphasize the value of sharing expertise in fields like financial wellness and digital infrastructure for the general population. The advancement of technology in fields like agriculture and education will also be covered.

Along with these economic issues, women's empowerment will get further importance. It's important to note that only the Italian Prime Minister Giorgia Meloni and the President of the European Commission, Ursula von der Leyen, are female leaders.

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(With inputs from agencies)