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Pradeep Kumar

08/09/21 11:22 AM IST

Piyush Goyal appointed as India’s Sherpa for G20 meet

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Trade Minister Piyush Goyal has been appointed as India’s Sherpa for the G20 meet that is expected to be held in Italy at the end of October.

Details

  • The next G20 Summit is scheduled for 30-31 October 2021 under Italian Presidency.
  • Besides trade and industry, Goyal also holds the portfolios of consumer affairs, food and public distribution and textiles,  
  • The G20 is a major international grouping that brings together 19 of the world’s major economies and the European Union, with its members accounting for more than 80% of global GDP, 75% of global trade and 60% of global population.
  • India has been a member of the G20 since its inception in 1999.
  • India will be holding the G20 Presidency from 1 December 2022 and will convene the G20 Leaders’ Summit in 2023 for the first time.
  • India will be part of the G20 Troika (preceding, current, and incoming G20 Presidencies) from 1 December 2021 till 30 November 2024.
About the G20
  • The G20 is the international forum that brings together the world’s major economies. Its members account for more than 80% of world GDP, 75% of global trade and 60% of the population of the planet.
  • The forum has met every year since 1999 and includes, since 2008, a yearly Summit, with the participation of the respective Heads of State and Government.
  • In addition to the Summit, ministerial meetings, Sherpa meetings (in charge of carrying out negotiations and building consensus among Leaders), working groups and special events are organized throughout the year.
Source: The Hindu,  Livemint

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