India will hold the G20 Presidency from December 1, 2022

Union Minister Piyush Goyal has been appointed as India’s Sherpa for the G20 ahead of the next Summit scheduled for October 30-31 under Italian Presidency.

As Sherpa, he will handle negotiations with partner countries on important policy issues.

Goyal is India's Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles.

Prime Minister Modi has been leading India’s representation at G20 Summits since 2014, the Ministry of External Affairs (MEA) said in a press release announcing Goyal's appointment on Tuesday.

India, which has been a member of the G20 since its inception in 1999, will be holding the G20 Presidency from December 1, 2022. It will convene the G20 Leaders’ Summit in 2023 for the first time, the MEA said.

India will be part of the G20 Troika (preceding, current, and incoming G20 Presidencies) from 1 December 2021 till 30 November 2024.

G20 is a major international grouping that brings together 19 of the world’s major economies and the European Union.

Its members account for more than 80% of global GDP, 75% of global trade and 60% of global population.