KSA to host G20 summit in 2020

World Tuesday 23/April/2019 13:49 PM
By: Times News Service
KSA to host G20 summit in 2020

Riyadh: Saudi Arabia will be hosting the 15th G20 Leaders Summit in the capital city Riyadh next year, the kingdom's Ministry of Foreign Affairs has confirmed.

The meeting, which will take place from 21-22 November 2020, will mark the first time the summit will have been held in the Arab world.

The Riyadh Summit will be chaired by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and will serve as a platform for international economic cooperation.

Collectively, G20 countries represent two-thirds of the world's population, 85 percent of its economy, and 75 percent of international trade.

According to the Saudi Press Agency (SPA), the kingdom is aiming to further strengthen its ties to other G20 countries and to reach international consensus on the summit's agenda items.

"Saudi Arabia is fully committed to the G20's objectives and to the stability and prosperity of the international economic system," the SPA added.

In the run-up to the summit, Saudi Arabia will host preparatory ministerial meetings, as well as meetings for senior government officials, representatives of international organisations, the private sector and civil society.