MBS suggests two G20 extraordinary leaders’ meetings to take place yearly

Saudi Arabia’s Crown Prince Mohammed bin Salman recommended that going forward, the Group of Twenty (G20) organization should hold two annual summits, a virtual one in the middle of the year, and a physical summit at the end. Minutes before the closing remarks of the Kingdom’s G20 presidency, the crown prince said: “I would like to thank all of our ministers and officials for their active participation during many meetings, and the succession of this year’s programs despite the difficult circumstances.”

The coronavirus disease (COVID19) represented an unprecedented global threat, prompting the Kingdom to hold two summits during its presidential year, which has not happened in any previous presidency since the group’s founding in 1999.

The crown prince said that based on the success of the Saudi experience in holding an extraordinary G20 summit last March, and the success of the Riyadh summit, he proposed that going forward, two annual summits be held instead. “We hope that Italy will crystallize this idea with the aim of supporting joint international coordination and intensifying the role, to come up with policies and initiatives to meet any challenges and determine the economic and well-being of our peoples,” he said. As this year is an extraordinary year for the whole world due to the COVID-19 pandemic, Saudi Arabia was honored to host the G20 Leaders’ Summit virtually over two days, on Nov. 21-22, 2020. After King Salman’s closing remarks and the handing over of the presidency to Italy, Crown Prince Mohammed ended the summit by highlighting the G20’s achievements since its foundation.

“( The G20) has been an essential link among our countries. It has demonstrated the vitality of its role, over the years, to deal with economic, financial, social, and environmental issues,” he said.

The G20 has been an essential link among our countries. It has demonstrated the vitality of its role, over the years, to deal with economic, financial, social, and environmental issues. Crown Prince Mohammed bin Salman

SUMMIT SUCCESS SPA Saudi Arabia will continue to answer the global call to address modern challenges, together with G20 members, says Crown Prince Mohammed bin Salman.