G20 and its Importance for India
Significance
- Influence Policies & Cooperation: As a forum, the G20's decisions and agreements have no legal force, but they do have an impact on national policy and international collaboration.
- Flexible: With only 20 members, the G20 is nimble enough to respond quickly to problems and adapt.
- Inclusive & Effective: This is more than sufficient to make agreements to act jointly credible and effective. It is also significantly more inclusive and representative than the G8, which the G20 has essentially replaced.
- Improved Communication: The G20 brings together the world's leading industrialised and developing nations to address issues and reach consensus.
- Relevance in Changing Times: ....
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