Introduction
The Group of Twenty, or G20, is the premier forum for international cooperation on the
most important aspects of the international economic and financial agenda. It brings
together the world’s major advanced and emerging economies.
The G20 comprises Argentina, Australia, Brazil, Canada, China, EU, France, Germany,
India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea,
Turkey, UK and USA. The G20 Countries together represent around 90% of global
GDP, 80% of global trade, and two thirds of the world’s population.
The objectives of the G20 are:
a) Policy coordination between its members in order to achieve global economic
stability, sustainable growth;
b) To promote financial regulations that reduce risks and prevent future financial crises;
and
c) To create a new international financial architecture
