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Saudi Arabia proposed to convene virtual G20 Leaders Summit on 26 March
Saudi Arabia proposed to convene virtual G20 Leaders Summit on 26 March

Saudi Arabia is to advance a coordinated response to the COVID-19 pandemic and its human and economic implications.

25 March 2020 Current Affairs:Saudi Arabia proposed to convene a virtual G20 Leaders' Summit on 26 March. Saudi Arabia is to advance a coordinated response to the COVID-19 pandemic and its human and economic implications. Saud Arabia holds the chair. King Salman Bin Abdulaziz Al Saud will chair Summit.

Summit Participants:
♦ Leaders from countries namely Spain, Jordan, Singapore, and Switzerland and several international organizations including United Nations (UN), World Bank Group (WBG), the World Health Organization (WHO), International Labour Organization (ILO), World Trade Organization (WTO), the Food and Agriculture Organization (FAO), Financial Stability Board (FSB), International Monetary Fund (IMF), the Organization for Economic Cooperation and Development (OECD) will participate in the summit.
♦ Regional organizations will be represented by South Africa the Chair of the African Union (AU), Vietnam the Chair of the Association of Southeast Asian Nations (ASEAN), the United Arab Emirates the Chair of the Gulf Cooperation Council (GCC), and Rwanda the Chair of the New Partnership for Africa's Development (NEPAD).

G20:
The G20 (Group of 20) is an international cooperation forum on financial and economic issues. It includes 19 of the world's largest economies and the European Union. It is a primary platform for global economic governance.