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Preparing for the presidency

India must not lose G20 opportunity

A man stands next to a board with the G20 Meeting of Finance Ministers logo in Buenos Aires, Argentina. Photo: Reuters
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A man stands next to a board with the G20 Meeting of Finance Ministers logo in Buenos Aires, Argentina. Photo: Reuters

Business Standard Editorial Comment Mumbai
In just a few short months, India will be taking over from Indonesia the presidency of the Group of 20 (G20) nations. This presidency comes at a fraught moment internationally. The Russian invasion of Ukraine and consequent Western sanctions have sent up the prices of food, fuel, and commodities; inflation and debt have skyrocketed. The effects of the pandemic itself are far from being done with. And the freezing relations between Moscow and Western capitals have rendered the G20 even more divided than it was previously. Nevertheless, it remains the only effective multilateral game in town, and India must shoulder

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