Explainer: Everything you need to know about the G20

A partial view of the entrance to the Costa Salguero Center which will host the upcoming G20 Summit in Buenos Aires, taken on November 27, 2018.(AFP / Juan Mabromata)
Updated 29 November 2018
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Explainer: Everything you need to know about the G20

  • Who's who and what's on the agenda at this year's summit Buenos Aires
  • It's not all serious business, as evidenced by the leaders' 'family photo' t

LONDON: On Friday the leaders of the world’s most prosperous nations will gather in Argentina for the Group of 20 summit, known simply as the G20.

Over two days, the leaders of 19 countries plus the EU, along with ministers and advisers, will meet, discuss and issue communiques for public consumption. The real work happens in closed sessions of small groups in side rooms.

For some the 2018 summit is a poignant event. The presidency of Michel Temer of Brazil will end on Saturday. His  newly elected successor Jair Bolsonaro will also be in Buenos Aires so he can assume office immediately. For German Chancellor Angela Merkel, it may not be the last G20, but since she will step down at the next election, there will not be many more.

 

 

Every summit has a theme and this year Argentina as the host nation has chosen “Building consensus for fair and sustainable development,” and has identified three key issues for the agenda: The future of work, infrastructure for development, and a sustainable food future.

 


India seals $3bn LNG agreement with UAE

Updated 19 January 2026
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India seals $3bn LNG agreement with UAE

  • Leaders hold talks to strengthen trade, defense ties

NEW DELHI, DUBAI: India signed a $3 billion deal on Monday to buy liquefied natural gas from the UAE, making it the Gulf country’s top customer, as the leaders of both countries held talks to strengthen trade and defense ties.

The agreement was signed during a very brief two-hour visit to ‌India by UAE ‌President Sheikh Mohammed bin Zayed Al-Nahyan for talks with Indian ‌Prime Minister Narendra Modi. 

They pledged to double bilateral trade to $200 billion in six years and form a strategic defense partnership.

Abu Dhabi state firm ADNOC Gas will supply 0.5 million tonnes of LNG a year to India’s Hindustan Petroleum Corp. for 10 years, the companies said.

ADNOC Gas said the agreement brings the total value of its contracts with India to over $20 billion.

“India is now the UAE’s largest customer and a ‌very important part of ADNOC Gas’ LNG strategy,” ‍the company said.

The UAE is ‍India’s third largest trading partner and Sheikh Mohammed was accompanied ‍by a government delegation that included his defense and foreign ministers. The two sides signed a letter of intent to work toward forming a strategic defense partnership, India’s Foreign Secretary Vikram Misri told reporters.

Misri, however, said that the signing of the letter of intent with the UAE does not mean that India will get involved in regional conflicts.

“Our involvement on the defense and security front with a country from the region does not necessarily lead to the conclusion that we will get involved in ‌particular ways in the conflicts of the region,” he said.