The G20 Summit In a Nutshell

September 12, 2023

By Sonakshi Kandhari

‘One Earth, One Family, One Future’ was the theme for G20 Summit 2023, conducted on 9th and 10th  September, 2023.in the Bharat Mandapam International Exhibition Centre.Keep reading to learn developments that transpired during this event.

Image Source; Wikimedia Commons

Africa is taken under the wing of other G20 members. This is in line with the inclusivity that this year’s theme is trying to propagate.

Image Source: Pxfuel

One of the many important bilateral decisions was the one between Indian Prime Minister Narendra Modi and British Prime Minister Rishi Sunak, which was aimed towards reinforcing diplomatic ties between both the countries.

Image Source; Wikimedia Commons

All the member nations formed the Global Biofuel Alliance. With technological advancements and the wide participation of stakeholders, the aim is to increase the usage of sustainable fuels.

Image Source; Wikimedia Commons

As a means to foster economic ties, the India-Middle East-Europe Economic Corridor was inaugurated. This is a rail and shipping connectivity project.

Image Source; Wikimedia Commons

The member nations are directing their efforts towards reforming the World Trade Organisation.

Image Source: G20

As per the G20 New Delhi Leader’s Declaration, there is a heightened emphasis on peaceful conflict resolution in Ukraine.

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Initiatives are being taken to embrace a greener and cleaner tomorrow, with the G20 cutting back on the use of unabated coal and inefficient fossil subsidies.

Image Source: G20

The farm-to-fork concept was popularised by the spouses of the leaders of the G20 members.

Image Source: G20

The implementation of the UK–India Free Trade Agreement (FTA) is a remarkable development, which will help tackle goods trade barriers, increase opportunities for UK services and investment, and support trade and innovation in this digital age.

Image Source: G20