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G20 Summit and India's Presidency: Date, Venue, Theme, how does it work and more | FAQs

Within the G-20 there are two concurrent tracks: the Finance track and the Sherpa track. The Finance Track is led by finance ministers and central bank gover

The G20 summit is scheduled to begin on September 9 in New Delhi. The event, spanning two days will witness participation from representatives of Member States and guest nations. The focal point of the summit will involve deliberations on a range of economic reforms. Below are all frequently asked questions about the G20 Summit.

What is the G20?

Established in 1999, the Group of Twenty (G20) is a consortium comprised of twenty of the world's largest economies. The main purpose behind its inception was to create a platform where major industrialized and developing economies could convene to engage in discussions on issues related to global economic and financial stability.

The G20 nations collectively account for approximately 85% of global GDP, more than 75% of worldwide trade, and approximately two-thirds of the global population.

The G20, consisting of 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) along with the European Union, together forms a prominent international association.

How G20 works?

According to the central government's G20 Summit website, the G20 was upgraded to the level of heads of state in the wake of the global economic and financial crisis, and in 2009, was designated the " premier forum for international economic cooperation."

The G20 Presidency oversees the G20 agenda over a span and serves as host of the summit. In 2022, Indonesia assumed the G20 presidency. After that, Brazil will take over the presidency for the next year.

Within the G-20 there are two concurrent tracks: the Finance track and the Sherpa track. The Finance Track is led by finance ministers and central bank governors, while the Sherpa Track is guided by Sherpas following the Fiscal Track.

The G20 Sherpa process is coordinated by Sherpas from member countries, who are personal emissaries of the leaders. The fiscal track is led by finance ministers and central bank governors of member states.

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Where US President Joe Biden and the leaders of other countries will stay?

In addition to the robust security measures planned for Delhi, preparations also encompass the provision of accommodation for delegates. More than 30 hotels have been selected to accommodate the delegates for the duration of the event.

According to media reports, among the hotels in Delhi, those catering to the delegates include ITC Maurya, Taj Mansingh, Taj Palace, Oberoi Hotel, Lalit Hotel, The Lodhi, Le Méridien, Hyatt Regency, Shangri-La and Leela Palace, And Ashoka Hotel, Eros Hotel, The Surya, Radisson Blu Plaza, JW Marriott, Sheraton, The Leela Ambience Convention, Pullman Hotel, Rosette Hotel, and The Imperial.

According to a Business Today report citing sources, President Biden is set to reside at the ITC Maurya Sheraton during the summit.

Enhanced security measures will be enforced, with Secret Service commandos stationed on every floor of the hotel. A dedicated elevator will be installed to transport the president to his room on the 14th floor, and about 400 rooms have been reserved in the hotel for this purpose.

Chinese President Xi Jinping will be staying at the Taj Mahal Palace, while PM Sunak's stay will be at the Shangri-La Hotel.

President Macron is scheduled to stay at the Claridges Hotel, and Prime Minister Albanese's lodging will be at the Imperial Hotel.

According to media reports, approximately 23 hotels in Delhi and an additional nine hotels in the National Capital Region (NCR) have been designated to accommodate the G20 delegations. In particular, the Oberoi Hotel will provide accommodation for the Turkish delegation, while Le Méridien will be the chosen accommodation for the delegations from Mauritius, Netherlands, Nigeria, and Spain.

The Lalit Hotel has been selected to host the Canadian and Japanese delegations, while the Korean delegation will be accommodated at the Oberoi Hotel Gurugram. The Egyptian delegation is scheduled to stay at the ITC Sheraton in Saket, the Leela Hotel in Gurugram is hosting the Saudi delegation, and the Taj Mahal Hotel in Delhi will accommodate the UAE delegation.

What is the venue of the G20 Summit 2023?

The G20 Summit will be held in New Delhi at the ‘Bharat Mandappam’ at the ITPO Convention Centre, Pragati Maidan. The event will take place on September 9 and 10. Apart from the primary summit location, the foreign delegates will also visit key venues of the national capital like Rajghat, IARI Pusa, and NGMA (Jaipur House).

G20 Summit Full Schedule

September 3-6: 4th Sherpa Meeting

September 5-6: Finance Deputies Meeting

September 6: Joint Sherpas and Finance Deputies Meeting

September 9 - 10: Meeting of Ministers at the G20 Summit

September 13-14: 4th Sustainable Finance Working Group Meeting in Varanasi

September 14 - 16: 4th Meeting for the Global Partnership for Financial Inclusion in Mumbai

September 18 - 19: 4th Framework Working Group Meeting in Raipur.

G20 Summit 2023: Logo

The G20 logo is inspired by the national flag of India and contains vibrant "Tiranga" colors i.e. saffron, white, green, and blue. The seamless combination of lotus colored in white, green, and blue with the Earth increases the beauty of the logo. At a time when climate change is causing severe loss of life, property, and resources, the land in Al Shaar reminds us of the urgency to opt for an environmentally conscious approach. Beneath the G20 logo, the word “Bharat” is written in Devanagari script.

G20 Summit 2023: Theme

The theme of the international summit is “Vasudhaiva Kutumbakam” or “One Earth - One Family - One Future”. It is derived from a famous ancient Sanskrit text, the Maha Upanishad. The theme, which conveys a message of global unity, is an ideal slogan for the international grouping.

It also highlights the concept of life and signifies environmentally sustainable and responsible choices. These choices are pertinent not only at the individual level but also at the national level.

Who will attend the 2023 G20 Summit and who giving it a miss?

Among the leaders who will attend the event in New Delhi include US President Joe Biden, British Prime Minister Rishi Sunak, Chinese President Xi Jinping, French President Emmanuel Macron and Australian Prime Minister Anthony Albanese.

What security measures were taken by Delhi Police ahead of the G20 summit?

To prevent hostages during the G20 summit in Delhi, a total of 69 explosive detection dogs from the K9 police squad will be strategically placed at critical locations across the New Delhi district. The team includes 13 trained dogs that were acquired from the Indian Army's RVC (Remount and Veterinary Corps) unit.

Delhi Police has banned the flying of sub-traditional aerial platforms such as paragliders, hang gliders, and hot air balloons in the national capital from August 29 to September 12 for security reasons, officials said.

An order to this effect was issued by Delhi Police Commissioner Sanjay Arora on Tuesday.

It has been reported that certain criminal, anti-social elements or terrorists inimical to India may pose a threat to the safety of the general public, dignitaries, and vital installations by the use of "sub-conventional aerial platforms" such as paragliders, paramotors, hang-gliders, unmanned aerial vehicles (UAVs), remotely-piloted aircraft, hot air balloons, small sized powered aircraft, or by para-jumping from aircraft etc, the order stated.

What is India's priority?

1) Green development, climate finance, and LiFE

2) Accelerated, Inclusive and Resilient growth

3) Accelerating progress on SDGs

4) Technological transformation and digital public infrastructure

5) Multilateral institutions for the 21st century

6) Women-led development

The theme of the international summit is “Vasudhaiva Kutumbakam” or “One Earth - One Family - One Future”. It is derived from a famous ancient Sanskrit text, the Maha Upanishad. The theme, which conveys a message of global unity, is a perfect slogan for the international grouping.

It also highlights the concept of life and signifies environmentally sustainable and responsible choices. These choices are pertinent not only at the individual level but also at the national level.

Also Read: Layoffs figures 3x higher than reported numbers due to silent layoffs, forced resignations: Report

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