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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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