The G20, or Group of Twenty, is a coalition of nations that convenes regularly to deliberate on global economic and political matters. Together, these G20 countries contribute to a staggering 85% of the world’s economic output and over 75% of worldwide trade, housing two-thirds of the global population. Comprising the EU and 19 individual nations, including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK, and the US, the G20 holds a unique position on the world stage.
Established in 1999, the G20 emerged in response to the Asian financial crisis with the primary goal of providing finance ministers and officials a platform to strategize methods for restoring economic stability. In 2008, the group elevated its stature, hosting its inaugural leaders’ summit as a response to the global financial turmoil that year, with the aim of promoting international cooperation.
In recent years, the G20 has widened its purview, incorporating subjects like climate change and sustainable energy into its discussions. Each year, one of the G20 member states takes on the presidency and sets the agenda for the leaders’ summit.
The 2023 G20 summit, presided over by India, will spotlight critical topics such as sustainable development, the pursuit of just and equitable global growth, and debt forgiveness for developing countries. Additionally, US President Joe Biden is expected to engage with leaders from developing nations to propose reforms for the World Bank, potentially unlocking more funds for infrastructure development and climate change mitigation.
Crucially, much of the negotiation and diplomacy will occur behind the scenes, in one-on-one meetings between leaders held on the sidelines of the main summit hall. India’s Prime Minister Narendra Modi intends to use the summit as a platform to elevate his country’s global standing and establish himself as a significant world leader, particularly in the run-up to the spring 2024 general election. Modi is keen to ensure that the summit doesn’t get bogged down in disputes over the ongoing conflict in Ukraine, which marred the 2022 summit in Bali, Indonesia. Discord around this issue even prevented the issuance of a joint statement following the G20 foreign ministers’ meeting in Delhi in March.
Remarkably, both Russia’s President Vladimir Putin and China’s President Xi Jinping will be absent from the summit. Putin will be represented by his foreign minister, Sergei Lavrov, while China will send Premier Li Qiang in Xi’s stead.
Aside from the Ukraine conflict, other contentious matters could emerge at the summit. In May 2023, China and Saudi Arabia boycotted a G20 meeting on tourism held in Indian-administered Kashmir, as this region includes territory claimed by both Pakistan and India. Another source of tension has arisen between India and China after Beijing published a map asserting Chinese ownership of Arunachal Pradesh and the Aksai Chin plateau, both disputed territories. The US has urged China to put aside its differences with India and adopt a “constructive role” at the summit.
The G20 has experienced varying degrees of success since its inception. During the 2008 and 2009 leaders’ summits, held in the midst of the financial crisis, leaders reached consensus on numerous measures to salvage the global economic system. However, critics argue that subsequent summits have been less productive, often due to discord between rival global powers. Nevertheless, the one-on-one meetings between leaders have frequently yielded positive outcomes. For instance, at the 2019 summit in Osaka, then-US President Donald Trump and Chinese President Xi Jinping concurred to recommence talks to resolve a major trade dispute.
Security is always a paramount concern at G20 summits, given their propensity to attract anti-globalization protests. The Indian government has taken extensive security measures ahead of the Delhi event, including road closures around the venue and deploying 130,000 security personnel across the city. Unique measures have also been introduced to deter troublesome monkeys from disrupting the summit, as Delhi has a substantial monkey population that authorities wish to keep at bay.
The 2023 G20 summit promises to be a pivotal event, with India at the helm emphasizing sustainable development, equitable global growth, and debt relief for developing nations. While the specter of the Ukraine conflict looms, leaders will engage in discreet discussions to address a range of pressing issues, including World Bank reform and climate change.
The absence of key leaders like Putin and Xi adds an intriguing dimension to the proceedings. However, the G20’s track record, marked by both achievements and challenges, underscores the importance of these high-level diplomatic gatherings in shaping the global agenda. Amidst stringent security measures and innovative tactics to deal with local fauna, the world will be watching closely as the G20 nations convene to chart the course of the global economy and address pressing international concerns.
