Prime Minister Narendra Modi on Saturday announced at Buenos Aires in Argentina that India would host G20 summit in 2022, the year in which the country will celebrate its 75th independence day.
Earlier, Italy was to host the summit in 2022 but India requested that it should should be given chance to host the summit the same year and Italy acceded to it.
"It's India's 75th Independence Day in 2022 and we had requested Italy if we can get '22 instead of '21 (for hosting G20 summit).They accepted our request, others accepted it too.I'm grateful and I invite leadership from across the world to come to India in 2022," PM Modi said.
Modi made the announcement at the closing ceremony of the two-day summit held in Argentina’s captial.
“In 2022 India completes 75 years since Independence. In that special year, India looks forward to welcoming the world to the G-20 Summit! Come to India, the world’s fastest growing large economy! Know India’s rich history and diversity, and experience the warm Indian hospitality,” the prime minister tweeted after making the announcement.
The G-20 is a grouping of the world’s 20 major economies.
G-20 members comprise Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the US. Collectively, the G-20 economies account for nearly 90 per cent of the gross world product, 80 per cent of world trade, two-thirds of the world population, and approximately half of the world land area. Spain is a permanent guest invitee.
Watch: India to host G20 Summit in 2022