India handed over the B20 (Business 20) presidency to Brazil on August 27. Rafael Lucchesi, Director General of SENAI, received the presidency from B20 India Chair N Chandrasekaran.
- B20 is the official G20 dialogue forum involving the global business community.
- Prime Minister Narendra Modi participated in the B20 Summit.
- EAM Jaishankar also addressed the Business 20 Summit.
- The three-day summit occurred from August 25 to August 27.
- Approximately 1,500 delegates from around 55 countries attended the summit.
- India passed the B20 presidency to Brazil as Brazil prepares to host G20 in 2024.
- B20 India’s theme during its G20 Presidency was “Vasaudeva Katumbakam” (One Earth, One Family, One Future).
Q.: What is the B20 (Business 20)?
a) A global business competition
b) An international business conference
c) The official G20 dialogue forum with the business community
d) A financial organization of 20 countries
Answer: c) The official G20 dialogue forum with the business community