What is G-20, which members work how and what is its goal?

Annadurai
The meeting of G20 countries in india is going to be held in the national capital New delhi from 8 to 10

September. Such a big first international conference is being organized in india, preparations for which were going

on for a whole year. The 18th G20 conference is going to be held in india, before that the meeting has taken place

17 times. G20 was established in the year 2008 and its first meeting was held in American. In this conference

which is going to be held in india, on one hand Russian President Vladimir Putin is not coming and on the other

hand Chinese President Xi jinping will also not come. The prime minister of that country is being sent to this

conference from the Chinese side. In such a situation, the question arises that what is this G20 conference and what

is its purpose?

First of all, let us tell you how the G20 was formed. This is actually an extension of the G8 countries. Initially

there was a G-7 group, in which Canada, America, Germany, Italy, France, japan and britain were its members.

But, he joined this group in russia in the year 1998.

What is G20?

But, before 1999, Asia was facing economic crisis for some years and after that G20 was formed during the G8

meeting in Berlin, Germany. In the year 2007, after the Global Economic Crisis, the G20 Forum was made at the


level of Heads of State. The first conference of the G20 group was held in Washington DC, USA. The purpose of

the G20 summit is a conference of the world's leading economic countries, where member countries discuss urgent

issues including the global economy, finance, business, investment and climate change. The share of G20

countries in the world GDP is about 85%. In addition, it accounts for 80% of the world's total production and 75%

of the international trade group.

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