About G20

The G20 summit 2017 in Hamburg

G20 Hamburg

A platform for tomorrow. The G20 summit is one of the most important forums of international cooperation. Each year, it assembles the political representatives from 19 states and the European Union. Together they represent the strongest economies and the most powerful export nations in the world, and they account for nearly two-thirds of the world’s population and three-quarters of global trade.

These factors provide the G20 nations with a crucial role in the international community and give them a special responsibility in setting benchmarks for future development and advancing possible solutions. In 2017, Germany assumes the presidency of this forum. To mark this occasion, Chancellor Angela Merkel meets representatives of civil society – business leaders, trade unionists, scientists, as well as women’s interest groups and young people – and invites them to contribute their suggestions to the G20 dialogue.

By invitation of the Federal Republic of Germany, the heads of states and governments of the G20 members convene in Hamburg in 2017. According to the motto “Shaping an interconnected world”, they will  discuss on June 7th and 8th how economic and political stability can be improved globally, how global security can be ensured and how sustainability can be guaranteed to all nations in the world.

Every year, the G20 assembles the leaders of the foremost industrial nations and emerging economies to discuss the most important political and economic topics and to collaborate on solutions to global challenges. The G20 includes countries such as Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi-Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the USA plus the European Union (EU). Also taking part are important regional organisations such as the African Union (AU) and the Asia Pacific Economic Cooperation (APEC), as well as international organisations such as the International Monetary Fund (IMF), the World Bank (WB), the World Trade Organization (WTO), the Organisation for Economic Cooperation and Development (OECD), the World Health Organisation (WHO), the International Labour Organization (ILO) and the United Nations (UN). In addition, Germany has invited Norway, Singapore and the Netherlands to Hamburg as associated partner countries of the G20 process, as well as New Partnership for Africa’s Development (NEPAD).

Global challenges such as climate change, famine, pandemics, and terrorism require the joint and firm collaboration of all countries of the world. The G20 accounts for two-thirds of the global population, four-fifths of global GDP, and three-quarters of world trade. The strength of their economies and their powers of innovation provide them with the potential — and, as they themselves see it, also with the duty — to assume responsibility and contribute to finding answers for global challenges.

Threefold discussion of topics

The main topics of the G20 are divided into three areas: “Building Resilience”, “Improving Sustainability”, and “Assuming Responsibility”.

The topic entitled “Building Resilience” focuses on the further development of the global economy and the safeguarding of free world trade and a stable financial architecture. A particular issue of concern is protectionist policies which are surfacing in some countries and pose a risk to international fair trade and universal prosperity.

“Improving Sustainability” puts a special focus on the social, ecological and economic impacts of global economic growth and technological development. This topic will consider the implementation of the Agenda 2030: it will give priority to human living conditions, to the planet’s resilience regarding climate change, to the use of fossil energy, to global health policies and to the empowerment of women.

Last but not least, the topic “Assuming Responsibility” will put an emphasis on the partnership with Africa and on how to intensify economic, social, and cultural cooperation with African countries. It will also discuss how to reduce causes of displacement and migration, and how to combat terrorism and corruption.

More information about the German G20 presidency 2017 can be found here.