India, as the current term president, is hosting the two-day summit under the theme "One Earth, One Family, One Future." The G-20 leaders will engage in discussions during three sessions.
During the summit, Erdogan is anticipated to engage in bilateral talks with several other heads of state and government who are also attending.
The G-20, fundamentally an intergovernmental forum, focuses primarily on economic matters and comprises the world's 20 largest economies, including 19 countries and the European Union. It holds a crucial role in shaping global governance and architecture concerning major international economic issues.
The Group of Twenty (G20) comprises 19 countries, including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States as well as the European Union.
The G20 members represent around 85% of the global GDP, over 75% of the global trade, and about two-thirds of the world population.
In addition to the member states, India, as the term president, extended invitations to the leaders of Bangladesh, the Netherlands, Nigeria, Egypt, Mauritius, Oman, Singapore, Spain, and the United Arab Emirates.
Furthermore, international organizations such as the United Nations, the International Monetary Fund, and the World Bank were invited. India also extended invitations to members of the International Solar Alliance, the Coalition for Disaster Resilient Infrastructure, and the Asian Development Bank as guest international organizations.
There are ongoing discussions within the G-20 regarding the potential admission of the African Union (AU), a coalition of 55 countries, as a new member of the grouping.
Following the conclusion of the summit, it is expected that the leaders will adopt a joint declaration. (ILKHA)