The G-20 member’s nation finalized the decision in September that India will be chairing G20 in 2018 and New Delhi is the expected venue for annual G20 summit.
In 2015 the presidency is held by Turkey. Now Turkey will transfer the Chair to China for the next year (2016) meet then China will pass it to Germany which will hold it in 2017.
ABOUT G-20 SUMMIT
- G-20 summit is an international group of 20 major economies
- It is formed in 1999 to discuss issues and to promote international financial stability.
- Chairman – Ahmet Davutoglu of Turkey
- G-20 nations – Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, United States and European Union.
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