What is G20:-
G20 refers to the global financial group of twenty Finance
Ministers and Central Bank Governors. It was set up in 1999. It discusses on
the issues related to global economy. The first G20 Summit occurred at the
place of Berlin in Germany. It was hosted by the Finace Ministers of Germany
and Canada.
Members:
There are
finance ministers and central bank governors of 19 countries plus the rotating
Council presidency and the European Central Bank of the European Union.
List
of Member Country
|
1.
Argentina
|
2.
Australia
|
3.
Brazil
|
4.
Canada
|
5.
China
|
6.
France
|
7.
Germany
|
8.
India
|
9.
Indonesia
|
10.
Italy
|
11.
Japan
|
12.
Mexico
|
13.
Russia
|
14.
Saudi Arabia
|
15.
South Africa
|
16.
South Korea
|
17.
Turkey
|
18.
The United Kingdom
|
19.
The United States of America
|
20.
European Union
|
19 countries are dived into five groups. Each group has four
member countries. Australia is in group 1. It hosted the summit in 2014. In 2015, Turkey hosts the summit of 2015. It
is in group 2. The groups are as follows.
Group 1
|
Group 2
|
Group 3
|
Group 4
|
Group 5
|
Australia
|
India
|
Argentina
|
France
|
China
|
Canada
|
Russia
|
Brazil
|
Germany
|
Indonesia
|
Saudi Arabia
|
South Africa
|
Mexico
|
Italy
|
Japan
|
United States
|
Turkey(2015)
|
United Kingdom
|
South Korea
|
Meeting: - They meet once a year. Only in 2009 and 2010, the members met twice a year for global economical crisis. It may be called economical emergency in global scale.
Chiefs of the Countries
to Attend the Summit, 2015
Serial
|
Member
|
Head of government
|
1.
|
Argentina
|
Cristina
Fernández de Kirchner
|
2.
|
Australia
|
Malcolm Turnbull
|
3.
|
Brazil
|
Dilma Rousseff
|
4.
|
Canada
|
Justin Trudeau
|
5.
|
China
|
Xi Jinping
|
6.
|
France
|
Due
to a Terror Attack in Paris Hollande decided not to attend the summit.
|
7.
|
Germany
|
Angela Merkel
|
8.
|
India
|
Narendra Modi
|
9.
|
Indonesia
|
Joko Widodo
|
10.
|
Italy
|
Matteo Renzi
|
11.
|
Japan
|
Shinzō Abe
|
12.
|
South Korea
|
Park Geun-hye
|
13.
|
Mexico
|
Enrique Peña
Nieto
|
14.
|
Russia
|
Vladimir Putin
|
15.
|
Saudi Arabia
|
Salman
|
16.
|
South Africa
|
Jacob Zuma
|
17.
|
Turkey
|
Recep
Tayyip Erdoğan
|
18.
|
United Kingdom
|
David Cameron
|
19.
|
United States
|
Barack Obama
|
20.
|
European Union[47]
|
Donald Tusk
|
Finance Ministers and
the Central Bank Governors
Member
|
Finance minister
|
Central bank
governor
|
|
1.
Argentina
|
Axel Kicillof
|
Alejandro Vanoli
|
|
2.
Australia
|
Scott
Morrison
|
Glenn Stevens
|
|
3.
Brazil
|
Joaquim Levy
|
Alexandre
Tombini
|
|
4.
Canada
|
Bill Morneau
|
Stephen Poloz
|
|
5.
China
|
Lou Jiwei
|
Zhou Xiaochuan
|
|
6.
France
|
Michel Sapin
|
Christian Noyer
|
|
7.
Germany
|
Wolfgang
Schäuble
|
Jens Weidmann
|
|
8.
India
|
Arun Jaitley
|
Raghuram Rajan
|
|
9.
Indonesia
|
Bambang Brodjonegoro
|
Agus
Martowardojo
|
|
10. Italy
|
Pier Carlo
Padoan
|
Ignazio Visco
|
|
11. Japan
|
Tarō Asō
|
Haruhiko Kuroda
|
|
12. South Korea
|
Choi Kyoung-hwan
|
Lee Ju-yeol
|
|
13. Mexico
|
Luis
Videgaray Caso
|
Agustín
Carstens
|
|
14. Russia
|
Anton Siluanov
|
Elvira Nabiullina
|
|
15. Saudi Arabia
|
Ibrahim
Abdulaziz Al-Assaf
|
Fahad Almubarak
|
|
16. South Africa
|
Nhlanhla Nene
|
Lesetja Kganyago
|
|
17. Turkey
|
Mehmet Şimşek
|
Erdem Başçı
|
|
18. United Kingdom
|
George Osborne
|
Mark Carney
|
|
19. United States
|
Jack Lew
|
Janet Yellen
|
|
20. European Union
|
Pierre Moscovici
|
Mario Draghi
|
|
Subjects for Discussion
of 2015 G20Summit in Turkey:-
The subject for discussion in this G20 Summit is mainly
Recapturing Global Economy but the world has a close eye to observe a strong
discussion against terrorism. Refugee
problem may be raised in this summit. Climate change is another important issue
to talk about in this important global summit.
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