G20: what it is, who it is and why Spain always goes to the top as a guest country

G20 leaders have been meeting since Saturday in Rome. The summit, chaired by Italian Prime Minister Mario Draghi, will seek a greater commitment against climate change, as well as the recovery of the global economy and the fight against inequality heightened by the coronavirus pandemic.

What is the G20 and when was the leaders meeting held?

the event Born in 1999 as an advisory forum between finance ministers and central bank governors of the world’s seven major economies: Germany, Canada, the United States, France, Italy, Japan and the United Kingdom.

Russia joined the group to form the G8. Emerging countries joined in 2008 (BRICS), to form a summit at the highest level with the aim of improving coordination on major global issues.

The Group of Twenty consists of Germany, Saudi Arabia, Argentina, Australia, Brazil, Canada, China, South Korea, USA, France, India, Indonesia, Italy, Japan, Mexico, UK, Russia, South Africa, Turkey and EU. The sum of these countries represents just over 60% of the world’s population and 80% of the planet’s GDP.

Why is Spain attending the G20?

Spain, although not a member of the G-20, has been present at all the summits held since 2008. The first Spanish participation in the Extraordinary Summit took place in November 2008 in Washington At the invitation of the then President of France, Nicolas Sarkozy. After one year, in London, was named Spain permanent guest of the group and since then has maintained this status in all meetings.

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