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6 October 2015,

Press Release: India’s First Think20 (T20) Meeting

On 19 October 2015, over 50 experts from foreign and Indian think tanks, business leaders from India, and government representatives from the G20 countries will gather at Gateway House in Mumbai to discuss issues of global economic governance and foreign economic policy at India’s first Think20 (T20) meeting

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Mumbai 6 October 2015: On 19 October 2015, over 50 experts from foreign and Indian think tanks, business leaders from India, and government representatives from the G20 countries will gather at Gateway House in Mumbai to discuss issues of global economic governance and foreign economic policy at India’s first Think20 (T20) meeting. The keynote address for the meeting, Global Economy and Challenges for Multilateral Policies will be delivered by Dr. Raghuram Rajan, Governor, Reserve Bank of India.This is a Think-20 (T20) regional consultation meeting. The G20 is a multilateral forum comprising the world’s 20 major economies, and is recognized as the “premier global economic governance platform”. This year, Turkey is the president of the G20 forum (2015). The T20 is an official sub-forum of the G20 process, responsible for contributing ideas and research to the G20 on global economic issues.The T20 Mumbai event will be co-hosted by Gateway House, in collaboration with the leading Turkish think tank – Economic Policy Research Foundation of Turkey (TEPAV). TEPAV is the official Turkish Think Tank responsible for coordinating the activities of the T20 in 2015 with think tanks from all the G20 member countries.

India will join the T20 group for the first time, by hosting the meeting in Mumbai, and Gateway House is honoured to initiate this select event. Observations and recommendations from the dialogue will be officially submitted to the Turkish G20 presidency, and incorporated into the discourse for the G20 Leaders Summit scheduled for 15-16 November, 2015, Antalya, Turkey.

This meeting is significant for India: it reinforces India’s role as a key participant in multilateral economic fora and contributor of solutions for global economic issues.

For Gateway House, the meeting is the outcome of our focus on international economic relations. The organization provides an independent, not-for-profit, research-based platform where business leaders, strategic thinkers and government officials can engage in formulating India’s foreign economic policy, ensuring that commercial interests are aligned with India’s strategic interests.

Participants will include Gateway House members comprising business leaders and individuals from India. The Indian government will be represented by the Ministry of Finance, Ministry of External Affairs, the Reserve Bank of India, and EXIM Bank. Diplomatic representation is expected from G20 countries, SAARC countries and several multilateral financial institutions.

The sessions will commence with a keynote by Dr. Raghuram Rajan, Governor, Reserve Bank of India, followed by a joint think tank and business session on the impact of geopolitics and business. Starting at noon will be five working sessions for the think tank experts to discuss a range of global economic issues under the G20 mandate such as global trade and investments, inclusive business models, financing sustainable infrastructure and building skills for a technology and services-driven economy.

For more information or interview requests with speakers and participants, please contact Ashna Contractor at c.ashna@gatewayhouse.in at +91 98201 83002
Gateway House: Indian Council on Global Relations
Gateway House: Indian Council on Global Relations is a foreign policy think tank in Mumbai, India, established to engage India’s leading corporations and individuals in debate and scholarship on India’s foreign policy and the nation’s role in global affairs. Gateway House is independent, non-partisan and membership-based. For details on Gateway House: Indian Council on Global Relations articles and other events please visit www.gatewayhouse.in or our Facebook page on www.facebook.com/gatewayhouse.in or follow us on Twitter @GatewayHouseIND.Economic Policy Research Foundation of Turkey (TEPAV)
TEPAV is a non-partisan, non-profit think tank based in Ankara, Turkey. It was founded in 2004 by a group of businessmen, bureaucrats and academics who believe in the power of knowledge and ideas in shaping Turkey’s future. Aiming to contribute to public policy design, TEPAV seeks to enrich the knowledge content in Turkey’s discussions; but what sets it apart is its active involvement in economic and political development. TEPAV carries out projects which actively contribute to economic development and bring together key policy and opinion makers to tackle the problems of the day. To learn more, please visit http://www.tepav.org.tr/en. During Turkey’s G20 Presidency in 2015, TEPAV was appointed to coordinate the activities of the T20 engagement group.G20 and T20
The G20 is the premier multilateral platform for global economic and financial decision-making. Its membership comprises 19 countries plus the European Union; each G20 president invites several guest countries each year. The G20 is an apt model for global cooperation in today’s world. Its response to the global financial crisis is a testament to the impact G20 members can make when working together. It has framed the world’s efforts to restore growth and build the resilience of financial institutions and national economies.

It has a rotating presidency, and this year, Turkey is the president of the G20. In that role, it is hosting a number of meetings with governments (G20), business (B20) and the newest participants, i.e. think tanks (T20), around the world. Think-20 (T20) is a newer engagement group first initiated by the 2012 Mexican presidency and continued by subsequent G20 presidencies. It serves as an “ideas bank” for the G20 by organizing the analysis of global think tanks and high-level experts on relevant G20 issues. T20 conclusions are presented to G20 working groups, minister committees and leaders’ summits to help the G20 deliver concrete and sustainable policy measures. To learn more, please visit http://www.t20turkey.org/eng/pages/t20studies.html.