CURRENT AFFAIRS

Detailed explanation-1: -The 15th meeting of Group of Twenty (G20) will convene from 21-22 November 2020. Originally scheduled to take place in Riyadh, Saudi Arabia, the event will be held virtually, as per a 28 September announcement. This event marks the first time that Saudi Arabia will hold the Presidency of the G20.

Detailed explanation-2: -Saudi Arabia - 2020 The 15th G20 Summit was held under the theme ‘Realising Opportunities of the 21st Century for all’. It was the first ever virtual Summit in the history of G20.

Detailed explanation-3: -Initially, Indonesia was slated to host the G20 Summit in 2020. However, as Indonesia will also hold the Chairmanship of ASEAN in 2023, India which was slated to hold the summit in 2022 agreed to exchange presidency timings with Indonesia.

Detailed explanation-4: -The G20 Summit 2023 will be held in India this year. It will be held in New Delhi at Pragati Maidan. This is like international financial Stability, environment changes, greenhouse gas emissions and for sustainable development.