Explaining Brazil #274: Brazil and the G20

The Group of 20, also known as the G20, is the main forum for economic cooperation and dialogue among the world’s leading economies. And for the next year, the group will be presided over by Brazil.

G20 summits held in Indonesia in 2022 and India in 2023 – and scheduled for Brazil in 2024 – have brought rising powers from the Global South to the forefront of international venues.

These countries have been able to set an agenda stressing the priorities of developing nations’ development, debt financing, food security, and climate change. This contrasts with the Group of Seven, or G7, which in recent years has focused on geopolitics and the war in Ukraine.

This week, we will discuss what Brazil’s presidency of the G20 means for the country and the world.

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In this episode:

• Bruna Santos is the director of the Woodrow Wilson Center’s Brazil Institute in Washington, D.C.

Background reading:

• The Brazilian Report and the Wilson Center teamed up to launch the G20 Dialogues initiative. Through live broadcasts, articles, and events, we will analyze Brazil’s challenges and actions at the helm of the G20. The opening text talks about what to expect from the country’s tenure.
• By the time President Luiz Inácio Lula da Silva finishes his term in 2026, Brazil will have held the rotating presidencies of the United Nations Security Council, the Mercosur trade alliance, the BRICS group of developing nations, and the Group of 20 (G20), as well as hosting the UN Climate Change Conference (COP) in late 2025.
• President Luiz Inácio Lula da Silva is the perfect example of presidential diplomacy, which involves heads of state conducting foreign policy in person.
• Remember Lula’s speech at the UN General Assembly in September this year.

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