Yeh G20 Kya Hai: A Glossary Of Terms To Help You Ahead Of The Summit
G20 Summit: Here is a glossary of terminology for you to learn all about the G20 in a simple way.
With India hosting one of the most high-profile international summits this month, its capital New Delhi has been decked up to make the G20 event a grandiose affair. Fountains, sculptures and decorative flower pots have been installed at several areas as Delhi received a "G20-sized" makeover for the summit, which will see leaders from 20 member nations converge in the national capital on September 9 and 10.
With the media all focused on the G20 Summit, it can be hard for the normal reader to understand terms like sherpa, troika, B20 that are associated with the event.
Here is a glossary of terminology for you to learn about the G20 in a simple way.
Group Of G20 Or G20
The Group of Twenty of G20 are a grouping of major advanced and emerging economies. The G20 leaders meet once a year in an event known as G20 Leaders' Summit. The grouping has an annual rotation of the presidency among its member states. Presently, India holds the G20 presidency.
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States and the European Union form the G20.
Sherpa
A sherpa is the representative or personal envoy of a G20 country's leader at preparatory meetings. The sherpa is responsible for advising and guiding the leader and negotiating on their behalf. These sherpas work with finance ministers of their respective countries to set the agenda of the summit. Former NITI Aayog CEO Amitabh Kant is India's G20 Sherpa.
Troika Countries
It is a grouping of the current, immediate past and future presidents of the G20. The G20 country holding the presidency works together with its predecessor and successor to ensure continuity of the agenda.
Presently, India holds the G20 presidency. Indonesia held the G20 presidency in 2022 and Brazil will take over from India.
Thus, Indonesia, India and Brazil are the "Troika" countries right now. For the first time, the 'Troika' comprises only developing nations.
C20, B20, T20, Y20 - G20 Engagement Groups
Apart from the main G20 Leaders' Summit, the G20 president country holds meetings of non-government, autonomous groups with whom the G20 works. There are nine engagement groups and they are tasked with making policy recommendations.
The nine engagement groups are Business 20, Civil 20, Labor 20, Parliament 20, Science 20, SAI 20, Startup 20, Think 20, Urban 20, Women 20, and Youth 20.
Invitee/Guest Countries
Each year, the country holding the G20 presidency invites guest countries to participate in the summit. This is basically seen as a form of diplomatic outreach by the host country to increase the legitimacy of the G20.
Spain is invited as a permanent guest. This year, the invitee countries are Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Singapore, Oman, Spain and the United Arab Emirates.
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