Last year, India assumed the G20 Presidency for the first time to steer discussions and initiatives among member countries on challenges related to broad macroeconomic issues, trade, sustainable development, health, agriculture, energy, environment, climate change, and anti-corruption.
India is hosting the annual G20 Summit in New Delhi on September 9 and 10. Biden, 80, will travel to New Delhi on Thursday to attend the G20 Leaders Summit.
High inflation has become a focal point for the G20 after many years of low global inflation. The developed countries are facing the heat as their economies had already slowed before the pandemic
Despite the complexity of discussions and uncertainties surrounding energy transition and MDB reforms, there is optimism that the summit s leaders can find a minimum consensus to demonstrate unity.