The G20, or Group of Twenty, is an international forum for the governments and central bank governors from 19 countries and the European Union (EU). These countries are major economies from around the world, representing a mix of developed and developing nations.
The G20 was established in 1999 in response to the financial crises of the late 1990s, with the aim of bringing together key players in the global economy to discuss policy issues and promote international financial stability. Its membership includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States, along with the European Union.
The G20 holds annual summits where leaders discuss a wide range of economic, financial, and political issues affecting the global community. These discussions cover topics such as international trade, financial regulation, sustainable development, climate change, and more. The G20 is a significant platform for international cooperation and coordination on global challenges.
