2020 G20 Riyadh summit
2020 G20 Riyadh summit | |
---|---|
Host country | Saudi Arabia |
Date | 21–22 November 2020 |
Cities | Riyadh |
Participants | G20 members |
Follows | 2019 G20 Osaka summit |
Precedes | 2021 G20 Italy 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 city of Riyadh, the new future city of Saudi Arabia.[2]
Possible participating leaders
Possible Invited guests
-
Vietnam
Nguyễn Xuân Phúc, Prime Minister, 2020 chairperson of the Association of Southeast Asian Nations
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
- ^ "Saudi Arabia to host G20 summit in 2020". The National. July 8, 2017.
- ^ "Saudi Arabia hosts the 15th G20 Leaders' Summit in 2020". spa.gov.sa. April 17, 2019.
- ^ a b c d "The history of Saudi participation in the G20 summits". english.alarabiya.net. Retrieved July 15, 2019.