G20 summit begins in Bali

Current Affairs

  • The annual two-day G20 Summit began where key world leaders gathered to ponder upon contemporary global challenges.
  • A gathering of world’s major economies, the event is attended by Prime Minister Narendra Modi, China’s President Xi Jinping, United States President Joe Biden and British Prime Minister Rishi Sunak among other heads other than European Union which form the group.
  • At a formal dinner for G20 leaders, PM Modi and Jinping shook hands and spoke briefly – their first face-to-face encounter in public since the start of the military standoff in Ladakh more than two years ago.
  • Before the official commencement of the summit, Indonesian President Joko Widodo welcomed Prime Minister Narendra Modi at the venue.
  • Indonesia is the current chair of the G20 group. India will formally assume the presidency of the G20 from December 01, 2022.
  • The G20 group includes Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, the Republic of Korea, Turkey, the United Kingdom and the United States.

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