India entered G20 Troika

India entered G20 Troika

Question: Consider the following statements:
(1) India has joined ‘G20 Troika’ and will work closely with Indonesia and Italy to ensure consistency and continuity of G20’s agenda.
(2) India will assume G20 Presidency in December 2022 from Indonesia and will convene the G20 Leaders’ Summit for the first time in 2023.
Which of the following is/are correct?

(a) Only 1
(b) Only 2
(c) Both 1 & 2
(d) None of these
Answer: (c)
Related Facts:

  • India has joined the G20 Troika which consists of Indonesia, Italy, and India – the current, previous and incoming G20 Presidencies, respectively.
  • India will assume G20 Presidency in December 2022 from Indonesia and will convene the G20 Leaders’ Summit for the first time in 2023.
  • The G20 is the premier forum for international economic cooperation, which reflects a recognition that global prosperity is interdependent and our economic opportunities and challenges are interlinked.
  • India will assume the G20 Presidency on 1 December 2022 from Indonesia, and will convene the G20 Leaders’ Summit for the first time in India in 2023.
  • As a Troika-member, India will work closely with Indonesia and Italy to ensure consistency and continuity of the G20’s agenda.
  • G20 Countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the EU.

BY: AMIT GUPTA

Reference: https://mea.gov.in/press-releases.htm?dtl/34551/India_enters_G20_Troika