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Reading: African Union Secures G20 Membership: A Global Diplomatic Game-Changer
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Jacks Money > Market > Money > African Union Secures G20 Membership: A Global Diplomatic Game-Changer
Money

African Union Secures G20 Membership: A Global Diplomatic Game-Changer

Jacks Money
Last updated: 2023/09/11 at 2:19 AM
Jacks Money Published 18 September 2023
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The Group of Twenty, or G20, has recently made a significant decision that is expected to have a lasting impact on international diplomacy. According to reports from Bloomberg, the G20, a coalition of the world’s 19 largest economies and the European Union, has agreed to grant permanent membership status to the African Union (AU). This historic move is set to be officially announced during the upcoming G20 summit in India.

The African Union, an organization representing 55 African member states, has long been categorized as an “invited international organization.” However, this decision elevates its status to match that of the European Union. This shift in status is seen as a crucial step towards ensuring that African countries have a stronger voice on the global stage, particularly on pressing issues like climate change and debt markets.

African Union Secures G20 Membership
African Union Secures G20 Membership

Indian Prime Minister Narendra Modi, the host of the upcoming G20 summit, has placed a strong emphasis on granting full membership to the African Union. Joining him in this endeavor is Italian Prime Minister Giorgia Meloni, who championed the cause of AU membership during the G7 summit held in Japan earlier this year.

This move also aligns with broader international dynamics. The European Union reportedly intends to use the absence of two major world leaders, Xi Jinping and Vladimir Putin, from the G20 summit as an opportunity to enhance its engagement with nations in the Global South. This strategy underscores the growing importance of emerging markets in shaping global affairs.

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Established in 1999, the G20 was originally formed to facilitate discussions and cooperation on global economic and financial matters. Its objectives encompass a wide range of issues, including global economic challenges, financial stability, macroeconomic coordination, and the development of recommendations and measures to promote sustainable growth and development. The leaders of G20 member countries convene annually, with regular meetings of finance ministers and central bank governors also taking place.

It is worth noting that Vladimir Putin’s absence from the G20 summit is due to the issuance of an arrest warrant by the International Criminal Court. This warrant is related to allegations of his involvement in the abduction of Ukrainian children, highlighting the significance of international law and accountability in global politics.

In conclusion, the decision to grant permanent membership status to the African Union within the G20 is a momentous development in international relations. It reflects a commitment to fostering greater inclusivity and ensuring that the voices of African nations are heard on crucial global issues. As the G20 summit in India approaches, the world awaits the official announcement of this historic decision and anticipates the impact it will have on shaping the future of international diplomacy and cooperation.

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