2020 G20 Riyadh summit

The 2020 G20 Riyadh summit will be the fifteenth meeting of Group of Twenty (G20).[1] It will be held on 21–22 November 2020 in the capital city of Riyadh.[2]

2020 G20 Riyadh summit
Host countrySaudi Arabia
Date21–22 November 2020
CitiesRiyadh
ParticipantsG20 members
Follows2019 G20 Osaka summit
Precedes2021 G20 Italy summit
WebsiteG20.org

Possible participating leaders

Possible Invited guests

Presidency

G20 Riyadh Summit will be chaired by the Saudi King, Salman bin Abdulaziz.[3]

Sideline Events

In the sideline of the summit, Saudi Arabia will be organizing preparatory ministerial meetings as well as other meetings of high governmental officials and representatives from the private sector and non-governmental organizations.[3]

Historical Background

Saudi Arabia’s first participation in the G20 meetings was in 2008 Washington summit. By then and as the world suffered from a global crisis, Saudi Arabia was the tenth largest sovereign wealth fund in the world and the second largest oil reserves. Initially, the Saudi entrance to the G20 was due to its economic importance as an effective pricing force in the energy market.[3]

G20 and Saudi Vision 2030

The Saudi Vision 2030 corresponds to the priorities of the G20, including achieving macroeconomic stability, sustainable development, women empowerment, enhanced human capital, and increased flow of trade and investment. Thus, Saudi Arabia has gained global confidence after announcing its vision.[3]

See also

References

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