G20 Summit Meaning In English

G20 Summit translation, meaning, definition, explanation and examples of relevant words and pictures - you can read here.

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Meaning

The G20 summit is an annual gathering of leaders from the Group of Twenty (G20), a platform dedicated to international collaboration on significant economic matters. Founded in 1999, the G20 consists of 19 individual countries and the European Union. Together, these member nations collectively account for approximately 85% of the global Gross Domestic Product (GDP), engage in 75% of worldwide trade, and encompass around two-thirds of the global population.

Example

Leaders from around the world will gather at the G20 meeting to discuss and hopefully agree upon strategies for addressing climate change, poverty, and inequality. The G20 summit serves as a platform for the group's member nations to coordinate economic policy and push for increased prosperity worldwide.

Sentence

In the face of complex and linked global difficulties, the ultimate objective is to foster stability and sustained economic development.