What is the G20?
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The G20 (Group of Twenty) is an international forum that brings together the world’s major economies to discuss and coordinate economic policies. It includes 19 countries and the European Union, representing the largest economies in the world.
Members of G20:
1. Argentina
2. Australia
3. Brazil
4. Canada
5. China
6. France
7. Germany
8. India
9. Indonesia
10. Italy
11. Japan
12. Mexico
13. Russia
14. Saudi Arabia
15. South Africa
16. South Korea
17. Turkey
18. United Kingdom
19. United States
20. European Union
Key Objectives of G20:
Promote international financial stability
Foster economic growth and development
Address global challenges like climate change, healthcare, and inequality
Coordinate policy responses to global economic crises (e.g., the 2008 financial crisis, the COVID-19 pandemic)
The G20 meetings are held annually, and they involve discussions on economic issues, but also cover a broad range of global topics. It is not a treaty-based organization, but it
s decisions hold significant influence in shaping global economic policies.