G-20 Country and Its Brief History
Establishment:- Founded in 1999 with the aim to discuss policy pertaining to the promotion of international financial Stability.
Member Countries- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States & The Europian Union.
Summit :- First Summit held on 14-15th November 2008 in USA, Washington DC at National Building of Museum.Recent and upcoming summits:-
14th– in 2019 – Japan(Osaka)
15th-2020 -Saudi Arabia(Riyadh) Chairman King Salman Bin Abdulaziz Al Saud
16th-2021-Italy
17th-2022 Indonasia
18th-2023 India
19th-2024 Brazil
(source:The DD News)
Objective:- (1)For reestablishment of global financial System
(2)Main Focus on the sustainability of soverign debt and global financial stability
G-20 Agenda:- Migration,digitisation,employment,healthcare,the economic empowerment of woman & development aid.
Facts:- 1)GDP of G-20 nations are 85% of overall GDP of world.
2)Summit will be held by Videoconferencing. First time by Videoconferencing in the history of G-20 Summit due to covid-19
3)Continuous summit since 2008.
4)In the Aim and feeling of Conservation of Earth and Environment