Understand what the G20 is

The G20 is actually an organization of economic ministers and central bank heads from 19 countries and the European Union.

World leaders arrive in Rome for the first face-to-face meeting of the G20 on the pandemic

Climate change, Covid-19 and taxes are topics that cater to the G20 leaders

Members from the following countries:

South Africa
Germany
Kingdom Saudi Arabia
Argentina
Australia
Brazil
Canada
China
South Korea
United State
France
India
Indonesia
Italy
Japan
Mexico
United kingdom
Russia
Turkey

These countries represent about 80% of the entire global economy.

In the second half of the 1990s, there were a series of economic crises, and in 1999, the Group of Twenty was created. The idea was to bring leaders together to discuss economic, political, and health challenges.

At that time, there was a lot of talk about globalization and the importance of convergence in order to solve problems. The G20 is actually a creation of the G7, the group of democratic and industrialized nations.

The first meeting of state leaders was held in 2008. Each year, the event is organized among 19 countries.

After two days of meetings, the group publishes a statement (countries are not obligated to include the conclusions of this final text in their legislation). Moreover, bilateral meetings are an important part of the events.