Abstract

Today’s world international relations are increasing where states become signatories to formal treaties and conventions.G20 is an important forum where countries discuss global economic and political problems thereby making informal international laws .India’s G20 Presidency is a significant event where it promotes universal sense of one-ness under the theme 'One Earth , One Family ,One Future India’ as fastest growing economy ,its presidency will play a crucial role in building significant achievements. Principles of legitimacy plays a crucial role when norms and declarations are passed at international level. The passed norms or declarations are not always in accordance with principles of right process. This article compares the principles of legitimacy with that of G20 forum and need for international regulatory system. It also states the challenges that G20 presidency 2023 faced and opportunities that is lined ahead of it.

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