The 18th G20 summit took place in New Delhi, on September 9th and 10th, 2023, marking India’s inaugural hosting of the G20 leaders’ summit.

Theme-

Vasudhaiva Kutumbakam (The world is one family).

ALSO READ- 18th G20 Summit New Delhi in hindi…

G20 is now G21-

Earlier, the group was G20 because it was a group of 20 members (USA, Mexico, Canada, UK, Italy, Germany, France, Brazil, Argentina, Turkiye, EU, South Africa, Saudi Arabia, India, China, Russia, Japan, Republic of Korea, Indonesia and Australia) but with the membership of African Union in G20 now the group has become G21.

Invitee Countries-

UAE, Spain, Singapore, Oman, Nigeria, Netherlands, Mauritius, Egypt and Bangladesh were the countries invited as guests.

India’s Cultural Showcase-

  • A conch-shell-shaped international exhibition-cum-convention centre (IECC) complex named Bharat Mandapam, inspired by Anubhav Mandapam.
  • A 28ft. tall bronze statue of Lord Nataraja (Chola style) at Bharat Mandapam.
  • Konark Chakra of Odisha’s Sun Temple.
  • Image of Nalanda University.
  • Thanjavur paintings and Dhokra art.
  • A brass statue of Lord Gautam Buddha sitting under Bodhi tree.
  • Diverse musical heritage (Hindustani, Carnatic, Folk, Devotional).

New Delhi Declaration of G20 Leaders’-

  • G20 Deccan High-Level Principles on Food Security and Nutrition 2023.
  • Gender equality and women empowerment.
  • Digital Public Infrastructure (AI, crypto etc.).
  • Multilateral Institutions (Multilateral Development Banks, UNSC etc.).
  • Accelerating Progress on SDGs.
  • Globally fair, sustainable and modern international tax system.
  • Countering terrorism and money laundering.
  • Action Plan against Fugitive Economic Offenders.
  • Overcoming major differences in the Russia-Ukraine war.

Main Outcomes of 18th G20 Summit-

1. India-Middle East-Europe Economic Corridor-

IMEC is a part of the initiative “Partnership for Global Infrastructure Investment (PGII)”.

We have already discussed this corridor in detail in our another article. You can visit the article by clicking here.

2. Global Biofuels Alliance (GBA)-

  • Nine countries of G-20 (India, USA, UAE, South Africa, Mauritius, Italy, Bangladesh, Argentina and Brazil) led the initiative of GBA.
  • It will be a group of governments, international organisations and industries.
  • GBA will promote biofuels as key components.
  • It will result in job creation and economic growth.
  • It will also accelerate India’s existing biofuel programs.
  • Several countries and international organisations have joined GBA.

3. Climate Financing Commitment-

  • Climate financing will be emphasised.
  • Pledge to work towards tripling the global renewable energy capacity by 2030.

Leaders also discussed about- Food Security and Nutrition, Terrorism, Cryptocurrencies etc.