Current Affairs

Saudi Arabia Will Host First G20 Summit in 2020

Saudi Arabia will host the annual G20 leaders' summit on November 21-22, 2020, in its capital Riyadh.
Saudi Arabia Will Host First G20 Summit in 2020

Details:

  • This will be the first G20 Summit to be hosted in the Arab world.
  • Japan will host this year's G20 summit in Osaka, which will be held June 28-29, as well as ministerial meetings in eight cities.
  • In 2018, the conference was held in Buenos Aries, Argentina and focused on the global economy, the future of labour markets and gender equality.

About G20:

  • Group of Twenty (G20) is an international forum for the governments and central bank governors from 19 countries and the European Union.
    • Chairperson: Shinzō Abe
    • Founder: Group of Seven
    • Founded: 26 September 1999
  • G20 economies account for around 90% of the gross world product (GWP), two-thirds of the world population.
  • G20 world leaders met for the first time in 2008 with focus on rescuing the global economy from the worst financial crisis in more than 70 years.
  • The 19 member Countries of G20 are:
    • Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of Korea, Republic of South Africa, Russia, Saudi Arabia, Turkey, United Kingdom, United States of America.

Question:

Q. Which country will host the first G20 Summit to be held in the Arab world?
a. Qatar
b. Saudi Arabia
c. Jordan
d. UAE
Saudi Arabia Will Host First G20 Summit in 2020 Saudi Arabia Will Host First G20 Summit in 2020 Reviewed by Shweta Kashyap on April 20, 2019 Rating: 5

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