Troika refers to the top grouping within the G20 that consists of the current, previous and 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. In the coming months, Indonesia will hold rounds of discussion at various levels among the members of the G20 before convening the G20 Leaders’ Summit scheduled for October 30-31, 2022.

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.

The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU).

It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development.

It was formed on 26 September 1999.

The G20 members represent more than 80 per cent of world GDP, 75 per cent of international trade and 60 per cent of the world population.

Members of G20

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union.

Spain is also invited as a permanent guest.