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On Sunday, G20 leaders announced that India will host the prestigious summit in 2023, a year later than what was decided earlier.
India was supposed to host the summit in 2022.
Last year, the Osaka declaration of the G20 summit had announced, “We look forward to meeting again in Saudi Arabia in 2020, in Italy in 2021 and in India in 2022.”
Sources in the know told PTI that New Delhi was looking forward to hosting the summit after Italy and Indonesia.
“We thank Saudi Arabia for hosting a successful Riyadh Summit and its contribution to the G20 process. We look forward to our next meetings in Italy in 2021, Indonesia in 2022, India in 2023, and Brazil in 2024,” read the declaration.
Founded in 1999, G20, or group of 20, is an international forum for the governments and central bank governors from 19 countries and the European Union (EU).
The countries which are part of the G20 are Argentina, Australia, Brazil, Canada, China, the EU, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States.