The Group of Twenty (G20) is the premier forum for its members’ international economic cooperation and decision-making. Its membership comprises 19 countries plus the European Union. Each G20 president invites several guest countries each year.
The G20 started in 1999 as a meeting of Finance Ministers and Central Bank Governors in the aftermath of the Asian financial crisis. In 2008, the first G20 Leaders’ Summit was held, and the group played a key role in responding to the global financial crisis. Its decisive and coordinated actions boosted consumer and business confidence and supported the first stages of economic recovery.
The members of the G20 are:
- Argentina
- Australia
- Brazil
- Canada
- China
- France
- Germany
- India
- Indonesia
- Italy
- Japan
- Republic of Korea
- Mexico
- Russia
- Saudi Arabia
- South Africa
- Turkey
- United Kingdom
- United States
- European Union
Five engagement groups to facilitate G20’s work
Business 20 (B20)
Civil Society 20 (C20)
Labour 20 (L20)
Think 20 (T20)
Youth 20 (Y20)
Sourece: https://www.g20.org/
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Originally posted 2016-06-14 00:02:10.
Saudi Arabia should not be a member due to their treatment of dissidents involving torture.
I believe that China and Russia & probably USA are using their veto power too much.