The G20 Osaka summit, hosted in Japan on June 28-29, was in the shadow of a climate of increasing trade hostility. This article ponders over the relevance of the G20 in today’s multipolar world of numerous multilateral organisations and the actual efficiency of the G20. It discusses the stances and interactions of India at the conference, what could have been done differently, the Osaka Track and what the future holds for the G20.
By Saira Banu,
The G20 Osaka summit held on June 28–29 saw leaders from 19 countries and the European Union, representing 80 per cent of the global GDP and 64 per cent of the world’s population (4.7 billion), come together to promote efforts towards achieving global economic growth. This year’s G20 summit focused on the following themes: Global Economy; Trade and Investment; Innovation; Environment and Energy; Employment; Women’s empowerment; Development; and Health. While these themes were intended to streamline discussions amongst the 20 participants, the largest economies of the world, numerous standoffs and looming trade-wars dominated the conversation in the bylines.
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Saira Banu is a Research Intern at CPPR-Centre for Strategic Studies. She can be contacted at [email protected]. Views expressed by the author are personal and need not reflect or represent the views of Centre for Public Policy Research.