PM to attend G20 Summit in South Africa tomorrow, Pg8

Key Highlights:

• Prime Minister Narendra Modi will attend the 20th G20 Leaders’ Summit in Johannesburg, South Africa from November 21-23.
• This is the fourth consecutive G20 Summit held in the Global South, following summits in Indonesia (2022), India (2023), and Brazil (2024).
• PM Modi is expected to present India’s perspectives on the G20 agenda and speak in all three sessions of the Summit.
• The Prime Minister is expected to hold bilateral meetings with leaders, including Japan’s PM Sanae Takaichi, and participate in the IBSA Leaders’ Meeting.
• US President Donald Trump will not attend the summit; the US is scheduled to host the G20 in 2026.

Detailed Insights:

• The G20 Summit is a crucial platform for discussing global economic and financial issues, with increasing focus on developmental challenges faced by the Global South.
• India's G20 presidency in 2023 emphasized inclusive growth, digital transformation, and climate action, setting the stage for continued discussions at the South Africa Summit.
• IBSA (India, Brazil, South Africa) is a trilateral forum promoting South-South cooperation and addressing common developmental challenges through joint initiatives and dialogue.
• The absence of the US President may impact discussions on key global issues, given the US's role in international finance, trade, and climate policy.
• External Affairs Minister S Jaishankar highlighted the link between international peace and global development at the G20 Foreign Ministers’ Meeting in September.

G20 Development and Cooperation.png

Key Concepts Involved:

• G20: An intergovernmental forum of the world's major developed and developing economies, addressing global economic and financial issues.
• Global South: A term referring to countries in Asia, Africa, and Latin America, often characterized by developing economies and shared socio-economic and political challenges.
• IBSA: A trilateral, developmental initiative between India, Brazil, and South Africa to promote South-South cooperation and address common challenges.