🌐 G20 (Group of Twenty)
Established: 1999
Members: 19 countries + European Union (EU)
Purpose: To bring together the world’s major economies to discuss global economic stability, sustainable development, trade, and financial reforms.
Key Facts:
- Represents 85% of global GDP and 75% of international trade.
- Annual G20 Summit is hosted by a different member country each year.
- India hosted the G20 Summit in 2023 with the theme "One Earth, One Family, One Future."
🌍 BRICS
Established: 2009
Original Members: Brazil, Russia, India, China, South Africa
2024 Expansion: New members like Iran, Egypt, Ethiopia, UAE, etc.
Purpose: Promote peace, development, and multipolar global order among emerging economies.
Key Initiatives:
- New Development Bank (NDB) for funding infrastructure & development.
- Promotes economic cooperation, cultural exchange, and reform of global governance institutions.
🕊️ Global Summits
Global summits are high-level international meetings where world leaders, policymakers, and experts gather to address global challenges.
Popular Examples:
- COP (Conference of Parties): Climate change summit under UNFCCC.
- UNGA (United Nations General Assembly): Annual meeting for global diplomacy.
- World Economic Forum (WEF): Held in Davos, focuses on global economic issues.
- G7 Summit: Forum of advanced economies like the US, UK, France, etc.
- Address issues like climate change, global peace, economic recovery, health, and sustainable development.
📚 GK - G20, BRICS, and Global Summits Quiz
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