G20 Leaders’ Summit will be held virtually in November

The G20 Leaders’ Summit, to be held virtually during November 21-22 and led by Saudi King Salman bin Abdulaziz Al Saud, will focus on securing lives and reestablishing development by handling vulnerabilities revealed by the Covid-19 pandemic.

This will be the second virtual G20 Leaders’ Summit since March, when Saudi Arabia, the current seat of the grouping, had met a meeting following a proposal from Prime Minister Narendra Modi to talk about approaches to counter the pandemic and its economic effect. India is set to take over as the G20 seat in 2022.

The forthcoming summit will likewise expand on the results of in excess of 100 virtual working group and ministerial meetings, said an announcement from the G20 secretariat.

The G20 has offered more than $21 billion to help the production, distribution and access to diagnostics, therapeutics, and immunizations, and infused $11 trillion to protect the global economy as a major aspect of the battle against the pandemic.

It has additionally launched an obligation suspension activity for least created nations that will permit recipient countries to concede $14 billion under water installments due in 2020 and to utilize these sums for financing their medical care frameworks and social projects.

“The upcoming G20 Leaders’ Summit will focus on protecting lives and restoring growth, by addressing vulnerabilities uncovered during the pandemic and by laying down the foundations for a better future,” the statement said.

“The summit will also focus on fostering international action to realise opportunities of the 21st century for all, by empowering people and protecting our planet, whilst harnessing the potential of innovation to shape new frontiers,” it added.

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