Following the successful completion of the G20 Summit in Riyadh, Italy has assumed the forum’s annual rotating presidency.
The two-day summit, the 15th meeting of the forum, brought together leaders of economies of 19 nation-states and the European Union that account for about 85 percent of global gross domestic product. The summit discusses financial security as well as other challenging socioeconomic issues.
— G20 Italy (@g20org) November 22, 2020
Saudi Arabia’s King Salman formally handed over the G20 presidency to Italy
Italy will be chairing next year’s leaders’ summit.
Italy’s Prime Minister Giuseppe Conte made a short speech virtually to mark the occassion.
He stated that a decision had been taken that the focus of the world’s premier forum for economic cooperation would continue to be “people, planet and prosperity.”