Published On: Fri, Jul 7th, 2017

G20 begins today

 The twelfth G20 summit, in which the representatives of twenty powerful countries including the US, UK, Germany, China and India are expected to participate, has commenced today amidst the protest organised by several anti-G20 groups. The summit, which is considered as one of the most important events of this decade, is taking place at Hamburg in Germany. The US, the UK, Germany, Argentina, Australia, Brazil, Canada, China, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, the EU and Turkey are the prime members of the G20. Apart from the members of these countries, the special invites of the countries such as Guinea, Netherlands, Norway, Senegal, Singapore, Spain and Vietnam and international organisations such as World Bank, International Monetary Fund, Financial Stability Board, United Nations, Food and Agricultural Organisation, International Labour Organisation, World Trade Organisations, Organisation of Economic Cooperation and Development and World Health Organisation are likely to participate in the crucial summit. In the sideline of the meeting, many high profile meetings are expected to take place. Among them, the most anticipated meetings are the meeting between the Indian Supremo, Narendra Modi, and Chinese leader, Xi Jinping, and the meeting between the US President, Donald Trump, and Russian Supremo Vladimir Putin.    This summit gains more prominence than the previous summits because in the summit a conflict of interest is likely to emerge with the German-backed European powers supporting the Paris Climate Accord and economic liberalisation and the US-backed old powers backing the proposal demanding new climate agreement and the protectionist policy. Observers say that the faction that gets the support of the UK, China and Russia will win the tug-of-war for the political supremacy.

Vignesh

Photo Courtesy : Google/ images are subject to copyright

 

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Pegasus

G20 begins today