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G20’s TROIKA

  • IASbaba
  • December 6, 2021
  • 0
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G20’s TROIKA

Part of: Prelims and GS-II- International 

In News: India joined the G20 ‘Troika’

  • With this move, India has started the procedure for taking over the G20 presidency next year.

Key Takeaways

  • Troika refers to the top grouping within the G20 that consists of the current, previous and the incoming presidencies — Indonesia, Italy and India.
  • India will assume the G20 presidency on December 1, 2022 from Indonesia, and will convene the G20 Leaders’ Summit for the first time in India in 2023.
  • Italy hosted the G20 summit during October 30-31 that was attended by Prime Minister Narendra Modi where India had raised the issue of Afghanistan’s future following the takeover by the Taliban.
  • Indonesia took over the G20 presidency on December 2, 2021. Next year’s summit will be organised along the overall theme of “Recover Together, Recover Stronger”.
  • As a Troika member, India will work closely with Indonesia and Italy to ensure consistency and continuity of the G20’s agenda.

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