What Is G20 Summit: All Details

The G20 Summit is an annual meeting of leaders from the world's 20 largest economies.

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The G20 represents over two-thirds of the world's population, as well as 80% of global GDP and 75% of international trade.

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The first G20 Summit was held in Washington, D.C. in 2008, in response to the global financial crisis.

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The G20 is not a formal international organization, but rather a forum for international economic cooperation.

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The G20 presidency rotates annually among its members, with each country hosting the summit and setting its agenda during their term.

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The G20 agenda typically covers a range of issues, including economic growth, trade, investment, financial regulation, and global development.

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In addition to the summit, there are also various ministerial meetings and working groups within the G20 framework.

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Civil society groups and business leaders often hold parallel events and meetings alongside the G20 Summit.

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The G20 has faced criticism for being too exclusive and for not adequately addressing global inequality and environmental issues.

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Despite its limitations, the G20 remains an important platform for global economic governance and international cooperation.

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