TNPSC Thervupettagam

G20 Ministerial Meet

June 9 , 2019 1902 days 773 0
  • G20 Ministerial meeting on Trade and Digital Economy was held in the Japanese city of Tsukuba.
  • Japan has assumed its 1st ever rotating presidency in G20.
  • Shinzo Abe is the current Chairman of G 20.
  • The meet discussed importance of Digitalization and how it will help achieve inclusive, innovative and human-centred future society ‘Society 5.0’.
G20
  • The G20 (or Group of Twenty) is an international forum for the governments and central bank governors from 19 countries and the European Union.
  • It was founded in 1999.
  • G20 economies account for around
    • 90% of the gross world product (GWP)
    • 80% of world trade (or, if excluding EU intra-trade, 75%)
    • Two-thirds of the world population
    • Approximately half of the world land area.

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