Muhammad Yousif
G20 was formed on 26 September 1999 world twenty countries were member of this forum.Those countries are United State of America, India, Germany, China, Saudi Arabia, France and 13 other countries. Unfortunately Pakistan is not member of this forum.The major motive of this organization was to overcome the economic crisis in South East Asia. It cover world 80% of GDP and 75% of world trade. It is 18th meeting of this forum held on ninth September 2023 in New Delhi. The most important agenda of this summit is sustainable development and growth, climate financing trade, investment digital and safeguarding international peace. The USA president Joe Biden also come in this meeting. The foremost objective of president Biden is consenus on Ukraine war and establishment of Multilateral bank to mitigate poverty both is core objective of the meeting. However, two leading economy is absent in this summit president of China Xi Jinping and president of Russia Vladimir Putin. It is the great opportunity for India to tell world after the succession of moon she was a great diplomacy center. Furthermore, it’s economy not only rapidly boost up in the world but also it is ready to lead South global leadership. Moreover, India engage in discussion and colloberation with other members to address global economic challenges promote trade, and attract investment. Additionally, this summit provide platform for India to co-ordinate economic policies with other major economies which will crucial for stability and growth. G20 countries discussion on financial regulation and monitory policy which help India in maintaining stability in its financial market.
