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The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU). [2] [3] It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development, through annual meetings of Heads of State and Heads of Government.
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At the G20 summit on 15 November 2008, it was agreed that the membership of the FSF will be expanded to include emerging economies, such as China. The 2009 G20 London summit decided to establish a successor to the FSF, the Financial Stability Board (FSB) to include members of the G20 who had not been FSF members. [7]
All five initial member states are members of the G20, [citation needed] with a combined nominal GDP of US$28 trillion (about 27% of the gross world product), a total GDP (PPP) of around US$65 trillion (35% of global GDP PPP), and an estimated US$5.2 trillion in combined foreign reserves (as of 2024).
NEW DELHI (Reuters) -The African Union was made a permanent member of the G20, comprising the world's richest and most powerful countries, Indian Prime Minister Narendra Modi said at the bloc's ...
Turkey is a founding member of the United Nations, [1] the Organisation of the Islamic Conference (now the Organisation of Islamic Cooperation), [2] the Organisation for Economic Co-operation and Development [3] and the Organization for Security and Co-operation in Europe, [4] has been in the Council of Europe since 1949, [5] and in NATO since 1952. [6]
WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio will not attend an upcoming G20 meeting in South Africa, the top U.S. diplomat said on Wednesday, days after President Donald Trump ...
This page was last edited on 18 September 2023, at 16:18 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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