The G20 agenda had people as its central axis. Within the framework of the motto “Building consensus for equitable and sustainable development”, these issues were strategic in the G20 2018 and defined three priorities that permeated the entire agenda of the Argentine presidency: “the future of work”, “infrastructure for development”, and “a sustainable food future”. Argentina has proven its capacity to lead the meeting and find consensus on sensitive issues such as international trade, excess steel capacity, as well as the role of the Paris agreement in the area of climate change, and the way in which the 2030 Agenda should be addressed. This Forum provides the opportunity to demonstrate the Government's commitment to international cooperation, multilateralism and global governance, as well as to identify the main global challenges.

The fact of having been chosen to chair the most relevant forum for global economic governance was of great importance since Argentina hosted the first G20 Summit held in South America. G20 Summit in Buenos Aires, Argentina, November 30 -1 December, 2018Īrgentina took over the Presidency of the Group of Twenty (G20) on December 1, 2017, which lasted until Decemwhen the Leaders' Summit in the City of Buenos Aires concluded. Finally, the Leaders have recognized culture as a G20 issue and adopted innovative tools in the fight against corruption.

By committing to implement the “Roadmap Towards and Beyond the Brisbane Goal” the G20 Summit expressed its support for female empowerment.

Other important outcomes of the Italian Presidency were the formal acceptance of the Matera Declaration on food safety, the shared goal of planting a trillion trees globally by 2030. The Summit has adopted a Leaders’ Declaration which enshrines important progress in international taxation, special drawing rights, the creation of a health-finance task force, but also on the global supply and access to vaccines, especially in support of more vulnerable countries, and the common objective of the G20 countries to tackle climate change. Two side events were dedicated to financial inclusion of SME (with a focus on female-led business) and to public-private partnership in the fight against climate change. Under the motto “People, Planet, Prosperity” the Leaders’ Summit discussed in three main sessions the macroeconomic global development connected with the health crisis solutions for environmental and climate challenges the need to develop sustainable development at a global scale. The G20 Summit under Italian Presidency was held in Rome on October 30-31, 2021, with the participation of its members, six invited countries (Spain, The Netherlands, Singapore, Democratic Republic of Congo, Rwanda and Brunei, NEPAD and ASEAN) and nine representatives of international organizations. G20 Summit in Rome, Italy, October 30-31, 2021 During India’s Presidency, the troika will comprise Indonesia, India and Brazil, respectively. The Presidency is supported by the Troika – previous, current and incoming Presidency. The Group does not have a permanent secretariat.In addition, there are Engagement Groups which bring together civil societies, parliamentarians, think tanks, women, youth, labour, businesses and researchers of the G20 countries.The Sherpas oversee negotiations over the course of the year, discussing agenda items for the Summit and coordinating the substantive work of the G20. These working groups meet regularly throughout the term of each Presidency. The Finance Track is mainly led by the Ministry of Finance. Within the two tracks, there are thematically oriented working groups in which representatives from the relevant ministries of the members as well as from invited/guest countries and various international organisations participate. Finance Track is led by Finance Ministers and Central Bank Governors of the member countries. The G20 process from the Sherpa side is coordinated by the Sherpas of member countries, who are personal emissaries of the Leaders.Finance Ministers and Central Bank Governors lead the Finance Track while Sherpas lead the Sherpa Track after Finance Track. The G20 consists of two parallel tracks: the Finance Track and the Sherpa Track. The G20 Presidency steers the G20 agenda for one year and hosts the Summit.

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