Daily Current Affairs 2020 COVID-19: Saudi Arabia proposes to convene "extraordinary virtual G20 Leaders' Summit" on March 26 | Daily Current Affairs 2020

COVID-19: Saudi Arabia proposes to convene “extraordinary virtual G20 Leaders’ Summit” on March 26

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Saudi Arabia which is in chair has proposed to convene an “extraordinary virtual G20 Leaders’ Summit” on 26th March to advance a coordinated response to the COVID-19 pandemic and its human and economic implications. King Salman Bin Abdulaziz Al Saud will chair the meeting of this “extraordinary Summit”.

G20 members will be joined by leaders from invited countries, Spain, Jordan, Singapore, and Switzerland as well as international organizations; United Nations (UN), World Bank Group (WBG), the World Health Organization (WHO) and World Trade Organization (WTO), the Food and Agriculture Organization (FAO), the Financial Stability Board (FSB), the International Labour Organization (ILO), International Monetary Fund (IMF), the Organization for Economic Cooperation and Development (OECD).

Regional organizations will be represented by Vietnam the Chair of the Association of Southeast Asian Nations (ASEAN), South Africa the Chair of the African Union (AU), the United Arab Emirates the Chair of the Gulf Cooperation Council (GCC) and Rwanda the Chair of the New Partnership for Africa’s Development (NEPAD).

G20 is one of the major forum for international cooperation on financial and economic issues and a primary platform for global economic governance.

Source: News On Air

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