INDIA JOINS G20’S TROIKA
CONTEXT
- India joined the G20 ‘Troika’ and with this India has started the procedure for taking over the G20 presidency next year.
ABOUT G20 ‘TROIKA
- Troika refers to the top grouping within the G20 that consists of the current, previous and the incoming presidencies — Indonesia, Italy and India.
- As a Troika member, India will work closely with Indonesia and Italy to ensure consistency and continuity of the G20’s agenda.
- Italy hosted the G20 summit during October 30-31 2021. This summit focused on three broad, interconnected pillars of action: People, Planet, Prosperity.
- Indonesia took over the G20 presidency on December 1.
- It will convene the G20 Leaders’ Summit scheduled for October 30-31, 2022 with the theme of ‘Recover Together Recover Stronger’.
- India will assume the G20 presidency on December 1, 2022 from Indonesia, and will convene the G20 Leaders’ Summit for the first time in India in 2023.