G20 SUMMIT- OSAKA,JAPAN

The G20 summit is being held at Osaka in

Japan. The G20 is formally known as
“Summit on Financial Markets and the
World Economy” . Its members account
for 85% of the world’s GDP, and two-
thirds of its population, it is one of the
world’s biggest congregation of officials. The
G20 is an annual meeting of leaders from
the countries with the largest and fastest-
growing economy.

The member of G20 are-

CANADA, USA, MEXICO, BRAZIL, ARGENTINA, UK, FRANCE, GERMANY, ITALY, TURKEY, SAUDI
ARABIA, SOUTH AFRICA, RUSSIA, INDIA, CHINA, JAPAN, SOUTH KOREA, INDONESIA,
AUSTRALIA PLUS THE EUROPEAN UNION.

After the Asian Financial Crisis in 1997-1998, it was found as a need and then G7 finance
ministers established the G20 Finance Ministers and Central Bank Governors meeting in 1999.
The group has no permanent staff of its own, so every year a G20 country from a rotating region
takes on the presidency, as well as the very said country organizes the next summit. The G20
members invite non-member countries along as guests. The first G20 meeting took place in Berlin in
1999. , the organization is an emergency council for presidents and prime ministers. The recent G20
summits have focused on the macroeconomy, trade, a wide range of global issues having an immense
impact on the global economy, such, climate change, and energy, health, counter-terrorism, as well
as migration and refugees. Inclusive and sustainable development remains prima.

The geographical analysis of Japan

• Japan is a country composed of 4 islands namely- HOKKAIDO, HONSHU, SHIKOKU, KYUSHU

respectively in the north to south order.
• Osaka is a city located in Kansai region of the HONSHU island of Japan.
• Osaka is also known as Manchester of Japan, as it’s the largest producer of cotton in Japan.
• The city's west side is open to Osaka Bay, and is otherwise surrounded by more than ten satellite
cities, all of them in Osaka Prefecture.
• Two currents OYASHIO and KUROSHIO, which are cold and warm current respectively, the
mixing of these current makes for good fishing grounds, making Japan the 7th largest producer
of fish in the world.
• Kyoto and Nagoya are also on the HONSHU island.
 *Probable Questions For Prelims*

A. India is an observer country for G20

B. G20 is the largest official congregation
C. Most recent G20 summit took place on the HOKIADO island of Japan
D. G20 is mandated to be attended by prime ministers and presidents of participating countries

Choose the correct option from the given statement

1. A only
2. A&c only
3. A,b,c
4. None of the above*
*Probable Mains Question*

1. How are congregational summits like G20 effective to tackle issues like environment
degradation?
2. In the wake of recent G20 summit, breif on the trilateral JAI cooperation.
3. Breif up on the diplomatic and bilateral relations of India and Japan.
4. how is sustainable development, enviroment sustainability interdependent, follow up on the light
of growing industrial population?