The Group of Twenty (G20), is an international forum consisting of governments and central bank governors from 19 nations and the EU, seeking to tackle global economic challenges, and represents over 80% of the world’s GDP. Annually, G20 leaders convene at summits to debate and coordinate policies aimed at fostering global economic cooperation.
The two-day G20 summit has kicked off on Monday in Rio de Janeiro, Brazil. The conference is led by the country’s President, Luiz Inácio Lula da Silva, while the Russian delegation is headed by Sergey Lavrov, Moscow’s foreign policy chief.
The G20 Summit serves as a crucial international forum for addressing global economic issues and tackling pressing world challenges, including financial crises, energy concerns, healthcare, and agriculture.
The forum’s motto for 2024 is «Building a Just World and a Sustainable Planet.» The Russian Foreign Ministry emphasized that Moscow is committed to the essential goal of depoliticizing the G20, advocating instead for a focus on its core responsibilities: fostering economic growth and promoting sustainable development.
Explore Sputnik’s infographic to learn more about G20 economic potential!
