What is the G20 and why does it matter?


Indranil Ghosh
  • English
  • Arabic

World leaders will gather at the G20 summit in Bali, Indonesia, on Tuesday, November 15 and Wednesday, November 16.

The intergovernmental forum comprises 19 countries as well as the European Union.

The Bali summit will focus on three main areas — global health, digital economic transformation and energy transition.

The underlying theme of the summit is Recover Together, Recover Stronger.

But what is the G20 and why does it matter?

What is the G20?

The G20 is an all-purpose platform for diplomacy.

The group comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK the US and the EU.

Spain is a permanent guest, as are the UN, the African Union, the Association of South-East Asian Nations (Asean) and the World Bank.

Members account for more than four-fifths of the world’s GDP, three-quarters of its trade and three-fifths of its population.

How does the summit work?

Formed in 1999 to broaden the scope of the G7 with an inaugural meeting in Berlin, the G20’s primary goal is to prevent global financial crises.

Every year, the host nation — known as the Presidency — invites guest countries and global and local organisations to participate, broadening the forum’s representation.

This year, Indonesia has invited the UAE, Singapore, Cambodia and Ukraine. The full list is yet to be released.

How often does the G20 meet?

The Presidency rotates, with the host country working together with its predecessor and successor, known as the Troika, to ensure continuity.

Italy, Indonesia, and India make this year’s Troika.

The G20 initially met twice a year, but has been meeting once a year since 2011.

Having no permanent secretariat, the group’s agenda and co-ordination is done by the leaders’ personal representatives, known as sherpas, together with finance ministers and central bank governors.

Meetings among trade ministers, finance ministers and central bank governors set the agenda and culminate into the main conference.

How does it work?

At the end of the conference, a statement of the commitments and the visions is drafted from the chosen recommendations and deliverables arrived at the meetings.

Nothing is binding, though, and there is no enforcement beyond peer pressure.

Most of what is announced at the summit has been decided in pre-summit talks between the officials who do the diplomatic work for the leaders who attend the main summit.

The G20 has often been called a gabfest, where leaders talk aplenty, but achieve very little.

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

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Uefa Champions League, last-16 second leg
Paris Saint-Germain (1) v Borussia Dortmund (2)
Kick-off: Midnight, Thursday, March 12
Stadium: Parc des Princes
Live: On beIN Sports HD

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Director: Deon Taylor

Starring: Dennis Quaid, Michael Ealy, Meagan Good

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  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
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  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
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  • Refugees will have a reduced right to public funds
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  • Finals draw: December 2
  • Finals (including semi-finals and third-placed game): June 5–9, 2019
  • Euro 2020 play-off draw: November 22, 2019
  • Euro 2020 play-offs: March 26–31, 2020
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Director: Shahad Ameen

Rating: 3/5

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Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Where to apply

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Updated: November 15, 2022, 3:53 AM