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Back to fowednesdayNew Delhi, India-Aug 31 2023: people walking in front of the bharat mandapam convention centre, The vanue of G20 Summit, which is scheduled to be held in New Delhi on September 9th and 10th 2023,© PradeepGaurs/ shutterstock.comExcitement is in the air as the countdown is finally over: One of the most significant global diplomatic events of the year, the G20 summit, is taking place from September 9–10. The G20 is an international forum that brings together governments and central bank governors from 19 nations and the European Union. Heads of state and world leaders will gather in New Delhi this year, as India holds the group’s presidency until November 31. It is all about “Vasudhaiva Kutumbakam” — “One Earth, One Family, One Future” — which is India’s theme for the year.Indeed, the G20 summit in New Delhi carries significant diplomatic importance for India. It offers a prime opportunity for Prime Minister Narendra Modi and Minister of External Affairs Subrahmanyam Jaishankar to showcase India’s role on the global stage. Welcoming delegates from a multitude of member nations, including prominent figures like US President Joe Biden and UK Prime Minister Rishi Sunak, presents a substantial diplomatic undertaking for India. The absence of leaders such as Russian President Vladimir Putin and Chinese President Xi Jinping cannot go unnoticed, and it will be intriguing to observe the outcomes and agreements that emerge from this pivotal summit.The absence of Xi is particularly noteworthy. Chinese Premier Li Qiang will instead attend the event. The snub is telling, given that India is one of China’s greatest regional rivals. Perhaps China is having trouble grappling with India’s economic growth and recent achievements in space exploration, including a historic landing on the moon’s South Pole. Xi’s decision could also spring from a desire to strengthen China’s role in the newly-expanded BRICS forum, where he appeared more comfortable during a recent summit. Or Xi may have been kept home to address China’s economic challenges, notably the precarious situation which saw one of the nation’s largest property developers on the verge of default.Xi’s absence raises questions about China’s diplomatic strategy and global posture. It suggests a reluctance to engage in an event where he might face difficult inquiries regarding China’s economic trajectory, military activities concerning Taiwan and support for Russia following its invasion of Ukraine. This decision also adds to concerns among investors about the increasing unpredictability of China’s policies, with US Commerce Secretary Gina Raimondo recently noting that abrupt shifts in Chinese policy have made the nation appear nearly “uninvestable.”India is a nation committed to democracy and multilateralism, and its presidency will be a significant milestone as it seeks to find practical global solutions for the benefit of all and embody the idea of Vasudhaiva Kutumbakam.Will India’s G20 presidency leave an imprint on the forum’s global agenda? New Delhi is highly optimistic of a declaration with India’s clear stamp on it. India wants the G20 to be a group for the global public good and not just an economic cooperation body. Vasudhaiva Kutumbakam literally means “the world is a family,” and not just the human world, but the environment from plants and animals down to microorganisms.&nbsp;In more concrete terms, India’s goals at the summit are six:— Green Development, climate finance and LiFE. India’s primaryFor more than 10 years, Fair Observer has been free, fair and independent. No billionaire owns us, no advertisers control us. We are a reader-supported nonprofit. Unlike many other publications, we keep our content free for readers regardless of where they live or whether they can afford to pay. We have no paywalls and no ads.In the post-truth era of fake news, echo chambers and filter bubbles, we publish a plurality of perspectives from around the world. Anyone can publish with us, but everyone goes through a rigorous editorial process. So, you get fact-checked, well-reasoned content instead of noise.We publish 2,500+ voices from 90+ countries. 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Back to fowednesdayNew Delhi, India-Aug 31 2023: people walking in front of the bharat mandapam convention centre, The vanue of G20 Summit, which is scheduled to be held in New Delhi on September 9th and 10th 2023,© PradeepGaurs/ shutterstock.comExcitement is in the air as the countdown is finally over: One of the most significant global diplomatic events of the year, the G20 summit, is taking place from September 9–10. The G20 is an international forum that brings together governments and central bank governors from 19 nations and the European Union. Heads of state and world leaders will...

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