India will host the G20 summit in 2022, when the country celebrates its 75th year of Independence, PM Modi announced in Buenos Aires during the ongoing summit.
Prime Minister Narendra Modi on Saturday announced that India will host the G-20 summit in 2022.
The G-20 is a grouping of the world's 20 major economies.
Modi made the announcement at the closing ceremony of the two-day summit held here in Argentina's captial.
Italy was to host the international forum in 2022.
Thanking Italy for allowing India to play the host, Modi invited G-20 leaders to India in 2022, which also marks the 75th anniversary of India's Independence.
"In 2022 India completes 75 years since Independence. In that special year, India looks forward to welcoming the world to the G-20 Summit! Come to India, the world's fastest growing large economy! Know India's rich history and diversity, and experience the warm Indian hospitality," the prime minister tweeted after making the announcement
G-20 members comprise Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the US.
Collectively, the G-20 economies account for nearly 90 per cent of the gross world product, 80 per cent of world trade, two-thirds of the world population, and approximately half of the world land area.
Spain is a permanent guest invitee.
South African President to be Republic Day 2019 Chief Guest
Prime Minister Narendra Modi on Saturday met South African President Cyril Ramaphosa on the sidelines of the G-20 summit here and invited him to be the Chief Guest at the Republic Day celebrations next year, which also marks the 150th birth anniversary of Mahatma Gandhi.
The South African leader accepted the invitation to grace the occasion.
"Glad to have met President @CyrilRamaphosa. At a time when India is marking the 150th birth anniversary of Mahatma Gandhi, it is our honour to welcome President Ramaphosa as the Chief Guest for the 2019 Republic Day celebrations. Bapu's close link with South Africa is well known," Modi tweeted after the meeting.
He said Ramaphosa's visit to India will further cement bilateral ties between the two countries.
"The upcoming visit of President @CyrilRamaphosa, and that too during the special occasion of India's Republic Day will further cement business and people-to-people ties between India and South Africa," Modi tweeted.
Following the meeting between Modi and Ramaphosa, External Affairs Ministry spokesperson Ravish Kumar tweeted, "150 years of Mahatma & 100 years of Madiba!"
He was referring to July 18 this year, which marks 100 years since the birth of the global icon Nelson Mandela, also popularly known as Madiba, who died in 2013 at the age of 95.
Kumar further tweeted, "Good meeting between PM @narendramodi & South Africa President @CyrilRamaphosa on margins of #G20Summit. President Ramaphosa accepted India's invitation to be the Chief Guest at Republic Day during 150th anniversary of Mahatma Gandhi.
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