The G20 Summit on Financial Markets and the World Economy is held every year to discuss the critical issues affecting the global economy, and it brings together the members of the G7 (France, the United States, the United Kingdom, Germany, Japan, Italy, Canada and the European Union), as well as Argentina, Australia, Brazil, China, India, Indonesia, Mexico, the Republic of Korea, Russia, Saudi Arabia, South Africa, and Turkey (listed in alphabetical order).
The participating nations represent 80% of global gross domestic product. Designated as the “premier forum for international economic cooperation” at the Pittsburgh meeting in 2009, in recent years the G20 Summit has dealt with a wide range of issues facing the global community, including development, climate and energy, digital economy, and employment in addition to the world economy.
Ministerial meetings discussing related themes are also held during the host year.
During its presidency of next year’s G20 Summit, the Japanese government is determined to carry out strong leadership in advancing discussions toward resolving the myriad issues now facing the international community.
At the same time, the G20 Summit is a perfect opportunity for people from all over the world to see and experience not only a newly revitalized and transforming Japan—which is thanks to booming corporate profits and a wave of inbound investment as a result of bold regulatory reforms and other stimulus measures—but also the wide-ranging appeal of the various regions that will host these consequential discussions.