Why the role of G20 in shaping international security is crucial for global power balance

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This is the first time India hosted a G20 Summit, the annual convening of the world’s 19 leading economies plus the European Union, contributing 80 per cent of global GDP combined. The G20 was founded in 1999 in response to several world economic crises and is the premier forum to facilitate global economic cooperation as the world recovers from pandemics, inflation, supply chain disruption and the costly consequences of climate change over recent years. It also brings together major militaries. With robust domestic defence industrial capabilities, the group’s members include most of the world’s top 20 arms exporters. Although Sweden...