Last week, leaders from the world’s top economies met in Bali, Indonesia for the G20 summit under the theme “Recover Together, Recover Stronger”.
Amidst the multidimensional crisis that the world is facing, the G20 summit was planned to examine challenging and design solutions for emerging tasks and review economic performance. This year’s priority issues were centred on global health, sustainable energy transition and digital transformation.
Each year, the presidency of the G20 rotates around the member countries. This year, Indonesia hosted the presidency presenting an opportunity to introduce Indonesia’s tourism sector and local products to the world.
In 2023, India will hold the G20 presidency. The members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Mexico, Republic of Korea, Russia, Saudi Arabia, Turkey, the United Kingdom, the United States and the European Union, with South Africa being the only member from Africa.
G20 members account for more than 60 percent of the world’s population, 75 percent of global trade and more than 80 percent of the world’s GDP.