TEMPO.CO, Denpasar -High level conference or G20 Summit in Bali will be closed today, Wednesday November 16, 2022. Indonesia got the job G20 Presidency It is from December 1, 2021 to November 30, 2022. Who will host the next G20 after Indonesia?

G20 Summit Forums

Launch from djkn.kemenkeu.go.id, G20 or Group of Twenty is a major forum for international economic cooperation made up of countries with the largest economies in the world, composed of 19 countries and an institution of the European Union.

The G20 represents more than 60% of the world’s population, 75% of world trade and 80% of world GDP. G20 members include South Africa, United States, Saudi Arabia, Argentina, Australia, Brazil, India, Indonesia, Britain, Italy, Japan, Germany, Canada, Mexico, Republic of Korea, Russia, France, China, Turkey and the European Union. .

The G20 was first invented in 1999 by the members of the G7 by bringing together the developed and developing countries of the world to overcome the global crisis that hit Asia, Russia and America during the period 1997 -1998. Overall, the G20 aims to achieve strong, inclusive, sustainable and balanced global growth.

Quoted by bigo.id, at first the G20 was a meeting between finance ministers and central bank governors of member countries. However, since 2008, the G20 has featured heads of state at the summit. In 2010, the discussion at the G20 Summit extended to the development sector.

Read also : Luhut, Jokowi’s Responses to Economists Regarding Potential for Unrealized Communique at G20 Summit

Presidency of the G20 after Indonesia

Citing indiatoday.in, India will take over G20 Presidency from December 1, 2022 for a period of one year. As the country steps up preparations to hold the summit in 2023, government sources said India will host more than 200 events spread across major cities including Delhi, Chennai, Kolkata, Mumbai, etc., as part of the Mountain peak.

Indian Prime Minister Narendra Modi even launched the G20 Summit 2023 logo, theme and website on November 8. The upcoming summit will be the most publicized international gathering India has ever hosted.

The main G20 summit is scheduled to be held in October-November 2023 in New Delhi. The guest list will include the 20 permanent members of the G20, other invitees and approximately 10-12 global bodies. These include the United Nations (UN), International Monetary Fund (IMF), World Trade Organization, World Health Organization (WHO), and others.

Invited Heads of State remain…