Saturday, 25 March 2023
T20 Mumbai 2016

The T20 is an official sub-forum of the G20 process, responsible for contributing ideas and research to the G20 on global economic issues.

Think-20 (T20) is a newer engagement group first initiated by the Mexican presidency and continued by subsequent G20 presidencies. It serves as an “ideas bank” for the G20 by organising 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.

The G20 has a rotating presidency, and this year China 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.

The T20 Mumbai meeting saw the attendance of more than 20 different Think Tanks from across the world. This includes representation from past (Turkey), present (China) and future (Germany) Presidencies.

This was the second time that India has hosted a meeting for the T20, the first was conducted in 2015 by Gateway House and their Turkish counterparts.

Dr. Arvind Panagariya, Vice-Chairman of the NITI Aayog, delivered the keynote address during the keynote session. This keynote session was followed by a series of close door round-table discussions between distinguished invitees from think-tanks around the world.

You can read the full transcript here.

13 June, 2016 | Monday

8.30 am – 9.30 am: Morning Keynote Session
Topic: China, India and the G20

Discussing China’s priorities for G20 in 2016 and India’s contributions to the G20 agenda

Keynote Address by Honourable Arvind Panagariya, Vice Chairman, National Institute for Transforming India and G20 Sherpa, Government of India.

9.45 am – 11.00 am: Roundtable 1
Topic: Global Macro-Economic Governance

Discuss how G20 can effectively govern the global economy and design financial regulations to manage systemic risks.

11.10 am – 12.25 pm: Roundtable 2
Topic: Global commodity and financial markets

Discuss how G20 can collaborate on building transparent and resilient financial markets.

12.30 pm – 1.30 pm – Lunch Break

1.35 pm – 2.45 pm: Roundtable 3

Topic: Sustainable infrastructure development

Discuss how G20 countries can collaboratively design, build and finance infrastructure that is aligned with the vision of fostering a green economy

2.45 pm – 4.00 pm: Roundtable 4
Topic: Trade and investment

Discuss how G20 can institute rules that ensure an equitable and fair global trading architecture

Morning Keynote Session

Discussing China’s priorities for G20 in 2016 and India’s contributions to the G20 agenda.

Ambassador Neelam
Deo, Director, Gateway House
Professor Zou Zhibo, Deputy Director, Institute of World Economics and Politics, Chinese Academy of Social Sciences
H.E. Liu Jinsong,
 Charge D’affaires, Embassy of the People’s Republic of China in New Delhi
Hon’ble Arvind Panagariya,
 Vice Chairman, National Institute for Transforming India and G20 Sherpa, Government of India 

Learn more about the G20

China assumed its G20 Presidency on 1 December 2015 and it will continue T20. Three think tanks (IWEP-CAAS, SIIS and RDCY) will lead the T20 outreach group in 2016.

T20 will hold debates and discussions about “Innovative”, “Invigorated”, “Interconnected”, and “Inclusive”, and provide related policy suggestions to G20 to help and ensure 2016 G20 Hangzhou Summit fully deliver and implement its developing policy measures and G20 growth agenda.

Learn more about China’s T20

2016 T20 Chairs

Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS)

The Institute of World Economics and Politics (IWEP) was founded in 1964. It is an Institute of the CASS and is devoted to the study of international economics and politics. It is one of the most influential think-tanks in areas of China’s economic policies, the international economic policies and China’s foreign policies.
Read more.

Shanghai Institutes for International Studies (SIIS)

Founded in 1960, Shanghai Institutes for International Studies (SIIS) is a comprehensive research organisation for studies of international politics, economy, security strategy and China’s external relations. SIIS has gained renowned reputation both domestically and internationally. The SIIS is dedicated to serving for China’s modernisation drive, and for Shanghai’ opening-up and economic development.
Read more.

Chongyang Institute for Financial Studies, Renmin University of China (RDCY)

RDCY was established on January 19th, 2013 as a new-style think tank with Chinese characteristics, focuses on studies of G20 Global Governance, “the Belt and Road Initiative”, and Green Finance. In 2014, RDCY was listed the 106th of “150 top think tanks in the world”, in the most internationally recognised 2014 Global Go To Think Tank Index report, launched by the University of Pennsylvania.
Read more.

India’s first Think20 (T20) regional consultation on “Turkey, India and the G20″ brought together think tank experts from Turkey, China, India and Australia, business leaders from India and diplomatic representatives from the G20 countries to discuss issues concerning the G20.

Dr. Raghuram Rajan, Governor, Reserve Bank of India, delivered the keynote address at India’s first Think20 (T20) meeting organised by Gateway House with TEPAV, on the “Global Economy and Challenges for Multilateral Policies.”

In his 36-minute speech, he urged emerging markets like India to develop their own capacity to provide new ideas to the global financial system, “hold the pen” that will write a more inclusive agenda, and strengthen global multilateral institutions. Full transcript

Takeaways from the T20

We present an overview of these discussions, arranged in three categories for each session: Why is the issue important for the G20? What are India’s concerns on the subject? What were the key issues discussed at this meeting? Read the full report

About G20

G20, or Group of 20, was initiated in 1999 and consists of Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of Korea, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union (EU).

Before the outbreak of global financial crisis in 2008, G20 meetings of Finance Ministers and Central Bank Governors were held to discuss international financial and monetary policies, reform of international financial institutions and world economic development. The first G20 Leaders’ Summit was held in 2008. The 12th G20 Leaders’ Summit will be held on 4-5 September, 2015, Hangzhou, China.

Groups like the T20 will prepare policy recommendations for the G20 Summit over the course of the year.

G20 India Secretariat

The Government of India plays a very active role in the G20. The G20 India Secretariat has been placed within the Multilateral Relations Division, Department of Economic Affairs, Ministry of Finance.

Read more

 Useful links

All the information regarding the G20, international organisations and their role in the G20, recent reports, G20 Finance Ministries.

Read more

For Press enquiries, please contact

For Speaker and schedule enquiries, please contact

For Membership enquiries, please contact

T20 Mumbai is an invite-only conference.

T20 logo footer-01
GH Footer-01
ICAS Footer-01
SIIS footer-01