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Indonesia on Wednesday handed over the G20 presidency to India for the coming year at the Bali summit, with Prime Minister Narendra Modi terming it a matter of pride for every Indian citizen.

At a brief ceremony, Indonesian President Joko Widodo handed over the G20 presidency to Prime Minister Modi at the conclusion of the two-day G20 Summit in



Bali.

"Together with every country’s efforts, we can make the G20 summit a catalyst for global welfare,” Modi said.

The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies.

The handing-over ceremony came as the member states issued a joint declaration.
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