Department for Promotion of Industry and Internal Trade (DPIIT) hosted Conference on B20 Indonesia Global Dialogue in partnership with Confederation of Indian Industry (CII) in New Delhi on October 10, with the aim of aligning the perspectives of Indian industry with the policy recommendations of B20 Indonesia.
Key points
- Business 20 (B20), formed in 2010, is the official G20 dialogue forum with the global business community.
- B20 aims to deliver concrete actionable policy recommendations on the priorities by each rotating presidency to spur economic growth and development.
- G 20 is a group of 19 Countries + EU, together representing around 85% of global GDP, 75% of global trade, and 60% of the world’s population.
- The members of the G20 are: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union. Indonesia is currently holding the Presidency of G20.
