Saudi King to chair G20 virtual summit-THE HINDU-25-03-2020


G 20:

The G20 is an international forum for the governments and central bank governors.

Established in 1999 after a series of major international debt crises, the G20 aims to unite world leaders around shared economic, political and health challenges.

Apart from 19 of the biggest economies of the world, G20 also includes the European Union.

The SAARC virtual summit held on March 15 led to the creation of the SAARC COVID-19 Emergency Fund. It is expected that the G20 virtual summit will yield a detailed plan for confronting the pandemic caused by the novel coronavirus known as COVID-19. Jaishankar discussed the upcoming virtual summit with his Chinese counterpart Wang Yi on Tuesday.

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