For the first time, India will host the annual G-20 summit in
2022, coinciding with the country's 75th anniversary of
Independence. Prime Minister Narendra Modi made the announcement at the
closing ceremony of the 13th G-20 summit here in the Argentinian capital on
Saturday.
Speaking at the
G20 summit, Prime Minister Narendra Modi said, "It's India's 75th
Independence Day in 2022 and we had requested Italy if we can get '22 instead
of '21 (for hosting G20 summit). They accepted our request, others accepted it
too. I'm grateful and I invite leadership from across the world to come to
India in 2022."
G-20 members comprise Argentina, Australia, Brazil, Canada,
China, the European Union, France, Germany, India, Indonesia, Italy, Japan,
Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the
US. The Prime Minister also highlighted the current challenges, which
the global economy, especially the emerging economies face. He highlighted on
the threat of increasing financial vulnerabilities mainly arising from the
monetary policies of advanced economies, oil price volatility, Das, the former
economic affairs secretary, said while briefing reporters.
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