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| Image Credit: Google |
About G20:
The G20 is
the acronym of Group of Twenty. It is primarily concerned with economic
matters. G20 is made up of the world’s twenty largest developed and developing
economies.
This includes
European Union and 19 other countries including:
Argentina,
Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy,
Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkiye, United
Kingdom, and United States.
The G20 is
the prime forum for International Economic Cooperation. It was founded in 1999
in the wake of various economic crisis and difficulties the world’s major states
faced at the including the Asian Financial crisis of 1997.
The Forum accounts
for two-third of world’s population, 75 percent of international trade, and
solely generating 85 percent of global gross domestic product (Global GDP).
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| Image Credit: Google, Al-Jazeera |
As the premier Forum for international economic cooperation, the Group of Twenty (G20) plays a pivotal role in driving global economy through the significant challenges it faces.
The Forum
also play significant role in shaping and strengthening global architecture,
global governance and global public policy on all major international economic issues.
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| Image Credit: Google |
Presidency,
Summits, Meetings, and Guests:
Each year,
Presidency is given to the member countries on rotation basis who also act as a
host. Presidency invites guest countries to attend sessions of its summits and
several meetings. The Spain is declared and invited as permanent guest by G20.
The forum
meets every year since its inception from 1999. The leaders of G20 had started
meeting in a summit from 2008 annually.
In addition to the summits, several meetings,
sherpa meetings, working groups, and special events are organized by the
Presidency during a year.
- In 2022, Indonesia held presidency where Bali Declaration of G20 released.
- In 2023, India is holding the presidency.
- In 2024, Brazil will host the Presidency of G20, while
- In 2025, South Africa will follow Brazil.
India as
holding Presidency of 2023:
India
chairs the presidency this year. It plans more than 100 meetings of G20 across
the country.
The latest
meeting was scheduled by India from 22-24 May in a disputed land of Kashmir, that according to
India is taking place under tight security. This is taken as projecting
normalcy by holding session at a place where United Nations has recommended a plebiscite
to give its people right to self-determination.
The decision
to hold meeting at Indian held Kashmir was criticized by Pakistan and China.
According to Indian Government, New Delhi is seeking to promote tourism in the region to move forward for its sustainable development goals (SDGs) by 2030.
More than
60 delegates are attending the session started on Monday, 22nd of
May.
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| Security forces searching motorcycle amid ways to ensure security for G20 Meeting Image Credit: Google |
China Boycotted the Meeting:
China has
refused to attend the session on the ground that it is being held in disputed
Himalayan region.
Beijing
also claims the Indian state of Arunachal Pradesh as part of its Tibet while it
considers Kashmir, a disputed territory.
Chinese Spokesperson
for its foreign Ministry, Wang Wenbin told the reporters that his country
firmly opposes any form of G20 meeting to be held at disputed territory and
will not attend such meetings.
India
faces criticism from Pakistan:
Along China,
Pakistan also condemned the move by New Delhi because of its claims over the
region.
The foreign
ministry of Pakistan issued a strong condemnation after the India announced to hold
G20 meeting in a disputed territory.
The former
Ambassador of Pakistan to India, Ashraf Jehangir Qazi has termed the move “Highly
Inappropriate”.
Turkiye,
Saudi Arabia and Indonesia were also unlikely to join the meeting as reported
by Al-Jazeera quoting AFP.
Criticism
of Indian Decision by the Local Analyst:
Dr. Sheikh
Shaukat Hussain, who is political analyst based in the region, was quoted by
Al-Jazeera that the people would meant for something if there had been a normal
situation over here.
Now, as he
spoken, Normalcy does not mean the normalcy of graveyard where you have put
restrictions on media, restrictions on people and sending them in jails. While at
the same time you are trying to show the world of normalcy of everything, he
continued.
(Courtesy:
Al-Jazeera, AFP, Australian Governments’ Official Website for Department of Foreign
Affairs and Trade)
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