The Group of Twenty, commonly known as the G20, is a major international forum comprising 19 of the world’s largest economies and the European Union. Established in 1999, the G20 plays a crucial role in addressing global economic and financial challenges. Its members collectively represent around 80% of the world’s GDP and two-thirds of its population.
The primary objectives of the G20 include promoting international financial stability, fostering sustainable economic growth, and facilitating cooperation on global issues such as climate change, poverty, and inequality. Leaders from member nations, including heads of state or government, meet annually to discuss and coordinate policies on a wide range of economic and geopolitical issues.
The G20’s also focus other than economic matters to issue which have global challenges, making it a central platform for addressing alarming issues that affects across the nation beyond boundaries. As the world faces complex and interconnected challenges, the G20 continues to be a vital forum for international cooperation and decision-making.
