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2020 G20 Leaders’ Summit is Said to be Held Virtually in November

The G20 Leaders’ Summit of the year 2020 will be held virtually on November 21 to 22 and will be led by Saudi Arabia’s King Salman Bin Abdulaziz Al Saud, the G20 presidency stated in an announcement on Monday.

Saudi Arabia, the earth’s top oil exporter, and the main U.S. ally assumed control over the G20 presidency during a period of hefty worldwide critique of its human rights record after the 2018 killing of writer Jamal Khashoggi and of the Yemen war.

Arab News cited the announcement conveyed by the Saudi Press Agency (SPA) as saying: The G20 presidency will build on the success of the extraordinary virtually G20 Leaders’ Summit held in March, and on the outcomes of over 100 virtual working groups and ministerial meetings.

It added: The G20 is leading the fight against this global pandemic, taking swift and unprecedented actions to protect lives, livelihoods, and the most vulnerable.

The G20 has provided over $21 billion to help the creation, circulation, and accessibility to diagnostics, therapeutics, and immunizations.

It has furthermore inserted $11 trillion to defend the worldwide economy.

The gathering has additionally started a debt suspension activity for the least evolved nations that would permit beneficiary nations to defer $14 billion in the debt payments that are due this year and utilize these sums instead of financing their health systems and social projects.

The announcement stated: The forthcoming G20 Leaders’ Summit will concentrate on safeguarding lives and restoring growth, by addressing vulnerabilities uncovered during the pandemic and by laying down the foundations for a better future. The Summit will also concentrate on fostering international action to realize opportunities of the 21st century for all, by empowering people and shielding our planet, whilst harnessing the potential of innovation to shape new frontiers.

 

source: with input from ians