Saudi Arabia hosts G20 Summit: World leaders seek 'global cooperation for global problem'

Saudi Arabia became first Arab nation to host two-day virtual G20 Summit with world leers uniting to discuss efforts in combatting COVID-19 pandemic and prevailing ecomic charges. Brazilian President Jair Bolsonaro, Italy’s Prime Minister Giuseppe Conte, Turkish President Recep Tayyip Erdogan, UK Prime Minister Boris Johnson and Spain’s Prime Minister Pedro Sánchez have alrey delivered ir keyte dresses about how to minimise repercussions of global health crisis that has rocked world since beginning of year. 

G20 Summit also came around time when leers of wealthiest nations assembled to discuss policies but US President Donald Trump has refused to concede in presidential elections. As per reports, even though campaigners are criticising inequate G20 response to pandemic, Johnson, Erdogan, Bolsonaro among ors collectively underlined importance of global cooperation for faster ecomic recovery. 

yearly summit that was viewed as opportunity for leers to interact one-on-one has been diminished to remote interaction in wake of pandemic. Here are glimpses of leers calling for unity against health crisis:

Re - Iraq, Saudi Arabia Reopen Key Border Crossing After Deces

Or leers who are expected to deliver ir remarks include  German Chancellor Angela Merkel to Chinese President Xi Jinping and Russian leer Vlimir Putin and reportedly even Trump. Gulf nation h taken over rotating G20 presidency in 2020 and anunced me for summit as ‘Realizing opportunities of 21st century for all’ chaired by Saudi Arabia's King Salman back in September.

Re -  Indian Golfer iti Ashok Finishes 11th In Saudi Arabia

Re - Upcoming G20 Summit Will Be A Milestone: Saudi Arabia

G20 contributed $21 billion for COVID-19

Amid criticisms for funding shortfalls by member states, Saudi Arabia in a statement elaborated on how G20 countries have been at forefront of fight against COVID-19 pandemic, in same statement Saudi Arabia ted that member countries have contributed more than $21 billion for production and distribution of vaccines along with injecting a separate amount of $11 trillion to protect plunging global ecomy. Furrmore, G20 has also launched debt suspension initiative for least developed nations.

It said, “ G20 has contributed over USD21 billion to support production, distribution, and access to diagstics, rapeutics, and vaccines; injected USD11 trillion to safeguard global ecomy and, launched a debt suspension initiative for least developed countries that would allow beneficiary countries to defer USD14 billion in debt payments due this year and use se amounts inste for financing ir health systems and social programs.”

Re - Saudi Arabia’s Crown Prince Warns ‘iron Fist’ Response To Those Threatening Its Security

Re - Explosion Rocks Saudi Arabia, Four Wounded In Blast At World War I Memorial In Jeddah