INDIA: According to a press release issued by the government on Tuesday, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the establishment of a G20 Secretariat and its reporting structures ahead of India’s G20 Presidency.
India will take over the Presidency of the G20 from Indonesia commencing from December 1, 2022, to November 30, 2023. The taking up the Presidency will require India to implement overall policy decisions and arrangements needed for leading the position.
Union cabinet approves G20 Secretariat
The G20 or Group of Twenty is a multilateral platform comprising 19 of the major economies of the world and the European Union (EU). The members of the group include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Mexico, Republic of Korea, Russia, Saudi Arabia, South Africa, Spain, Turkey, the United Kingdom, the United States, and the European Union.
The G20 Secretariat is set up to handle a variety of tasks
relating to substantive/knowledge/content, technical, media, security, and logistical aspects of the presidency managed by officers and staff from the Ministry of External Affairs, Ministry of Finance, and other experts.
As per the official release, the Secretariat will be guided by an Apex Committee headed by the Prime Minister and including Finance Minister, Home Minister, External Affairs Minister, and G20 Sherpa. The committee will guide the presidency of India during the scheduled tenure.
A Coordination Committee will also be put in action to handle all the preparations that will report to the Apex Committee. The G20 Secretariat will facilitate long-term capacity building, including knowledge and expertise, for the leadership of the country on global issues.
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