Correct Answer : Option (C) - Mumbai
The 1st G20 TIWG meeting under India’s G20 Presidency is scheduled in Mumbai ((Maharashtra)), from March 28th − 30th, 2023.
During this three-day Meeting, over 100 delegates from G20 member countries, invitee countries, regional groupings and international organizations will engage in deliberations to accelerate global trade and investments.
On the first day, on March 28th, an International Conference on on ‘Trade Finance’ will be held. The role of banks, financial institutions, development finance institutions and export credit agencies in closing the trade finance gap, and how digitalisation and fintech solutions can improve access to trade finance will be discussed through two panel discussions. Eminent speakers from India and abroad have been invited to deliberate and provide concrete solutions for mitigating the growing trade finance gap. It will be followed by a guided tour of Bharat Diamond Bourse for the G20 delegates.
On March 29th, the deliberations will focus on making trade work for growth and prosperity, and building resilient Global Value Chains (GVCs).
On March 30th, the TIWG priorities on integrating MSMEs in Global Trade, and building efficient logistics for trade will be discussed in the two working sessions.
Aim : The aim under India’s G20 Presidency is to build a shared understanding of the challenges being faced in accelerating global trade and investment, and how existing opportunities can be harnessed to formulate human-centric concrete outcomes and deliverables..
Source : PIB