On 2 April 2009, London was the venue for the meeting of the leaders of the G20 countries. The UK is 2009’s chair for the Group. G20 stands for Group of Twenty and is made up of countries with the world’s largest economies. Together the G20 countries represent 90% of global GNP (gross domestic product), 80% of world trade, and two-thirds of the world’s population.
The G20 was established in 1999 and the first meeting of the Group took place in in Berlin, on December 15/16, 1999.
The heads of state or government representatives from the following countries were invited by the United Kingdom’s Prime Minster, Gordon Brown:
Argentina, Australia, Brazil, Canada, China, Czech Republic (EU Presidency), France, Germany, India, Indonesia, Italy, Japan, Mexico, the Netherlands, South Korea, Russia, Saudi Arabia, South Africa, Spain, Turkey and United States.
Also invited were the Chair of The New Partnership for Africa’s Development (NEPAD), the Chair of the Association of South East Asian Nations (ASEAN), and the Chairman of the African Union Commission; as are representatives of international bodies such as the United Nations, World Bank and International Monetary Fund.
The G20 previously met in Washington in 2008. The 2009 summit met against the background of the world’s banking crisis, cut backs in production, falling trade and rising unemployment.
Detailed formation on the Summit and its aims can be found on The London Summit website.
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