Latin America Advisor

Latin America Advisor

A Publication of The Dialogue

How Important Is the G20 to Latin America?

Brazilian President Luiz Inácio Lula da Silva and Indian Prime Minister Narendra Modi were among the world leaders on hand at this month’s G20 summit in New Delhi. // Photo: Brazilian Government.

The Group of Twenty, or G20, Summit took place on Sept. 9-10. A forum for international economic cooperation, the gathering brings together the world’s largest developed and emerging economies, including Argentina, Brazil and Mexico. How important is the group to Latin America’s economic prosperity? What key policy concerns and issues were discussed, and what was achieved?

Deepak Bhojwani, former Indian ambassador to Colombia, Venezuela, Cuba, Ecuador, Costa Rica, the Dominican Republic and Haiti, and founder of Latindia: “The three biggest Latin American economies—Brazil, Mexico and Argentina—are in the G20. All three are considered developing countries with a fundamental need to tackle poverty, inflation, climate change and other issues bedeviling even middle-income countries. The recent summit in New Delhi was attended by Brazil’s President Lula and Argentina’s Alberto Fernández. Mexico’s President López Obrador traveled to South America that week. Brazil has the greatest stake in this forum, given the size of its economy, its multilateral profile and its prowess in international affairs. Lula will project Brazil’s leadership of the Global South during Brazil’s presidency of G20 in 2024. Brazil was instrumental in the final formulation on the compromise on Ukraine in the final declaration, according to India’s Sherpa. Fernández, speaking on the subject said ‘north and south have quite different realities.’ Lula’s own Zero Hunger (Zero Fome) pet project was reflected amply in the declaration as was…”

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About the Latin America Advisor

The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe click here or for more information, contact Gene Kuleta, editor of the Advisor, at

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