Address ongoing challenges: Leaders will discuss and seek solutions to ongoing challenges such as the ongoing war in Ukraine, the global food crisis, and rising energy prices.
Prepare for the handover of the presidency to Brazil: India will hand over the G20 presidency to Brazil in December 2023. The virtual summit is an opportunity to ensure a smooth transition of the presidency and to set the stage for Brazil’s priorities for the G20 in 2024.Source:-zee newsExpected Outcomes of the Virtual Summit
The virtual summit is expected to produce a number of outcomes, including:
A declaration outlining the G20’s collective commitment to addressing global challenges: The declaration will reaffirm the G20’s commitment to multilateralism and cooperation, and will outline specific actions that the G20 will take to address global challenges.
Source:-wionA number of concrete deliverables: The summit is expected to produce a number of concrete deliverables, such as new initiatives or commitments on climate change, sustainable development, and global economic recovery.
Significance of the Virtual Summit
The virtual summit is an important opportunity for the G20 to demonstrate its leadership in addressing global challenges. The summit comes at a time when the world is facing a number of complex and interconnected challenges, and the G20 has a unique role to play in bringing countries together to find solutions.
The virtual summit is also an opportunity for India to showcase its leadership on the global stage. India has set an ambitious agenda for its G20 presidency, and the virtual summit is an opportunity to take stock of the progress made and to set the stage for the handover of the presidency to Brazil.
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