• 19 countries
  • + European Union (27 countries)
  • 2/3rd of the world’s population
  • 85% of the global GDP
  • 75% of the global trade
  • 1999 – G20 was founded
  • Why – after Asian financial crisis
  • Was initially in Fin Min/Central Bank governors’ body
  • 2008 – upgraded to Summit level bloc
  • Why – after 2007’s global economic crisis
  • To be represented by Heads of State/Government
  • Annual Summit with rotating presidency
  • 2009 designation – “Premier Forum for International Economic Cooperation”

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