The G20 Summit 2023, set in New Delhi, India on September 9-10, emphasizes six priorities mirroring G7 concerns: green development, inclusive growth, UN sustainable development goals, technological transformation, 21st-century multilateral institutions, and women-led development. The G20’s informal yet crucial global platform gathers leaders from major economies, fostering multilateralism. The EU utilizes this summit to advocate for global cooperation, as seen in High Representative Josep Borrell’s call to pressure Russia after withdrawing from the Black Sea Grain Deal. While recent outcomes lack unanimity, the G20 remains pivotal for managing global challenges, especially with contributions from major and rising middle powers. The absence of China and Russia in 2023, along with BRICS’ potential expansion, hints at a strategic shift.
HomeDIGITAL ASSETS REGULATORYstablecoin euThe 2023 G20 Summit: Navigating a Deepening Rift and an Uncertain Future