Gandhinagar to host two G20 Finance Track Meetings in July

Gandhinagar: The state capital is set to host two Finance Track Meetings in July. These meetings include the 3rd Finance and Central Bank Deputies Working Group Meeting from the 14th to the 16th of July, and the 3rd Finance Ministers and Central Bank Governors Meeting on the 17th and 18th of July.

More than 300 participants from all over the world are going to be attending these meetings. These dignitaries include Governors, Deputy Governors, Ministers and Heads from countries like USA, France, China, Italy, UK, Germany, Japan, Saudi Arabia, Argentina, Spain, Australia, Republic of Korea, among others.

3rd Finance and Central Bank Deputies Working Group meeting

The 3rd Finance and Central Bank Deputies Working Group meeting will commence on 14th July 2023 in Gandhinagar.

A G20 roundtable will be held to deliberate on the Report of the G20 Expert Group for Strengthening Multilateral Developments Banks (MDBs).

A discussion on ‘Policy issues concerning BigTech and FinTech, including the Third-Party Risk Management Framework’ for the delegates is also planned as a side event.

The Working Group will be drafting a Communique on the 14th and 15th July to be presented for the G20 table. Later on 15th July, delegates will witness the culture and heritage of Gujarat through enriching programs and cuisine.

On the last day, i.e. 16th July, Ministerial Level panel discussions will be held on topics such as; G20 Infrastructure Investors Dialogue: Leveraging Funding and Financing Mechanisms and Approaches for the Cities of Tomorrow as well as G20 High Level Tax Symposium on Combating Tax Evasion, Corruption and Money Laundering.

The day will also see two parallel sessions planned for the Deputy Level participants. It includes a Workshop on ‘Interlinking Fast Payment Systems’, followed by a session on ‘Achieving Growth-Friendly Climate Action and Financing for Emerging and Developing Economies’.

3rd Finance Ministers and Central Bank Governors Meeting

The second part of the Finance Track will see the 3rd Finance Ministers and Central Bank Governors Meeting which will begin from 17th July in Gandhinagar. Separate sessions are planned for Finance Ministers and Central Bank Governors participating from G20 member nations.

These meetings will be followed by sessions on ‘Global Economy and Global Health’ and ‘Sustainable Finance and Infrastructure’. A discussion of G20 members on ‘Policy Dialogues: A Roundtable Discussion on Crypto Assets’ will also be held.

On July 18th, sessions on ‘International Financial Architecture’, ‘International Taxation’, and ‘Financial Sector and Financial Inclusion’. The event will conclude with an adoption of the Communique. The Closing ceremony will be followed by a Press Conference.

There is an excursion planned on 19th July where delegates will get to witness the rich culture and traditions of Ahmedabad through the Heritage Walk. They will also visit Sabarmati Ashram, Atal Bridge, Adalaj Stepwell and have an institutional tour of CEPT University. DeshGujarat