Saudi Arabia Assumes 2020 G20 Presidency

Stocks and Financial Services Press Releases Monday December 2, 2019 10:33
RIYADH, Saudi Arabia--2 Dec--PRNewswire/InfoQuest
  • The Kingdom of Saudi Arabia assumes the 2020 G20 Presidency today, 1 December, 2019.
  • The Saudi G20 Presidency will focus on "Realizing Opportunities of the 21st Century for All."
  • The Kingdom of Saudi Arabia commends the work of the Japanese G20 Presidency in 2019 and will continue to support its efforts to forge global cooperation.

The Kingdom of Saudi Arabia assumes the G20 Presidency today, leading up to the Leaders' Summit in Riyadh on 21-22 November, 2020. The Saudi G20 Presidency commends the work of the Japanese G20 Presidency in 2019 and will continue to support the group's efforts to forge global cooperation.

Commenting on the Presidency launch, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Deputy Prime Minister said:

"The Saudi G20 Presidency is committed to continuing the work from Osaka and promoting multilateral consensus. Working with our G20 partners, we will strive to deliver concrete actions and realize opportunities to enable us to face the challenges of the future."

His Royal Highness the Crown Prince added:

"The Kingdom of Saudi Arabia is at the crossroads of three continents – Asia, Africa and Europe. In hosting the G20, the Kingdom will have an important role to play by sharing the perspective of the Middle East and North Africa region. We believe this will be a unique opportunity to shape consensus on international issues as we welcome the world to the Kingdom."

The Kingdom will guide the work of the G20 under the theme of "Realizing Opportunities of the 21st Century for All" and will focus on three aims:
  • Empowering People, by creating the conditions in which all people—especially women and young people—can live, work and thrive.
  • Safeguarding the Planet, by fostering collective efforts on food and water security, climate, energy and environment.
  • Shaping New Frontiers, by adopting long-term, bold strategies to share the benefits of innovation and technological advancement.

During its G20 Presidency, The Kingdom of Saudi Arabia is committed to ensuring the G20 continues to reflect a broad and inclusive range of international perspectives. In line with that commitment, the Kingdom has extended invitations to the Hashemite Kingdom of Jordan, the Republic of Singapore, the Kingdom of Spain and the Swiss Confederation. Additionally, regional organizations are also invited, including the Arab Monetary Fund (AMF), the Islamic Development Bank (IsDB), as well as the Socialist Republic of Vietnam as the Chair of the Association of Southeast Asian Nations (ASEAN), the Republic of South Africa as the Chair of the African Union (AU), the United Arab Emirates as the Chair of the Gulf Cooperation Council (GCC), and the Republic of Senegal as the Chair of the New Partnership for Africa's Development (NEPAD).

International organizations have historically contributed significantly to the G20 agenda. Invited international organizations for 2020 include the Food and Agriculture Organization (FAO), the Financial Stability Board (FSB), the International Labour Organization (ILO), the International Monetary Fund (IMF), the Organization for Economic Cooperation and Development (OECD), the United Nations (UN), the World Bank Group (WBG), the World Health Organization (WHO) and the World Trade Organization (WTO).

In the run-up to the Leaders' Summit, the Kingdom of Saudi Arabia will host more than 100 events and conferences, including ministerial meetings and meetings of officials and representatives from civil society, including the Business 20, Youth 20, Labour 20, Think 20, Civil 20, Women 20, Science 20 and Urban 20.

Further information, including the Presidency Agenda and full program of events, can be found on the G20 website: www.g20.org
Logo - https://mma.prnewswire.com/media/1037650/G20_Saudi_Arabia_2020_Logo.jpg
Media Enquiries:
G20Media@saudisecretariat.gov.sa
+966-11-829-6129

Latest Press Release

Fitch Rates EASY BUY#s THB Senior Unsecured Bonds at #AA+(tha)#

Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'AA+(tha)' to EASY BUY Public Company Limited's (EB; AA+(tha)/Negative) upcoming issue of senior unsecured bonds. The bonds will have a tenor of up to four years. KEY RATING...

Fitch Affirms Bangkok Aviation Fuel Services# #A(tha)# Rating, Rates Debentures

Fitch Ratings has affirmed Bangkok Aviation Fuel Services Public Company Limited's (BAFS) National Long-Term Rating at 'A(tha)' with a Stable Outlook. Fitch Ratings (Thailand) Limited has also assigned BAFS's proposed senior unsecured debentures of as...

Australian enterprises hope high for third CIIE

Five Australian enterprises signed up for the next edition of the China International Import Expo during a roadshow by the CIIE Bureau in Sydney, Australia on Dec 2. The Australian business community has said that it is looking forward to next year's...

SpaceChain Sends Blockchain Technology to the International Space Station

SpaceChain announced that its blockchain hardware wallet technology is on its way to the International Space Station (ISS), aboard a SpaceX Falcon 9 rocket as part of today's CRS-19 commercial resupply service mission. This is the first technology...

TMRW by UOB, first bank in Thailand to enable fingerprint and facial biometrics for speedier and safer account opening

TMRW by UOB, the first mobile-only bank for ASEAN's digital generation, today announced that it has enabled fingerprint and facial biometrics to make it speedier and safer for customers to open their TMRW accounts. In doing so, TMRW is the first bank in...

Related Topics