G20 summit opens in Saudi Arabia

The virtual G20 leaders summit opened on Saturday in Saudi Arabia, focusing on mobilizing resources and cooperation to prevent the COVID-19 pandemic.

The participants will also discuss cooperation in trade, investment, digital economy and sustainable development. The G20 Summit in 2020 took place amid the world facing a range of difficulties. The global economy is in recession, with the prospect of recovering uncertain, uneven and potentially risky. UN Secretary-General António Guterres earlier warned about the disastrous impacts on the finances of the developing countries.

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