The G20, also known as the Group of Twenty, is a vital intergovernmental assembly that includes 19 individual countries, the European Union, and the African Union. Its main objective is to tackle significant global challenges, especially those related to the economy, such as ensuring financial stability, addressing climate change, and promoting sustainable development. The members of the G20, which encompass both developed and emerging economies, collectively account for about 85% of the world's GDP, over three-quarters of global trade, and roughly two-thirds of the global populace.
India is at the helm of the G20 Presidency from December 2022 to November 2023. The member nations of the G20 are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States, in addition to the European Union.
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