India will host the G20 summit in 2023. As per the Osaka declaration from 2019, India was initially slated to host the G20 summit in 2022 after the 2020 summit in Riyadh and the 2021 summit in Italy. However, the statement from the MEA revealed that the G20 presidency will be held by Italy in 2021, Indonesia in 2022, India in 2023 and Brazil in 2024. The Group of Twenty, or the G20, is the premier forum for international economic cooperation. The G20 brings together the leaders of both developed and developing countries from every continent.