The G20 summit will be held in Bali, Indonesia from November 15-16, 2023
The three initiatives are: – Middle East infrastructure corridor – Global biofuels alliance – Scaled up Partnership for Global Infrastructure and Investment
The Middle East infrastructure corridor will connect Europe, Asia, and Africa through new roads, railways, and energy projects
The Partnership for Global Infrastructure and Investment will mobilize private capital to fund infrastructure projects in developing countries.
The summit will be held under the shadow of the Ukraine war, which has caused a global energy crisis and food shortages.
The G20 leaders will discuss ways to mitigate the impact of the war on the global economy.
The G20 leaders will issue a communique after the summit, outlining their commitments to address the challenges facing the global economy.