The G20 presidency announced in a statement that the long-awaited 2020 G20 Leaders’ Summit, chaired by King Salman, will be held virtually on November 21 – 22.
"The G20 presidency will build on the success of the extraordinary virtual G20 Leaders’ Summit held in March, and on the outcomes of over 100 virtual working groups and ministerial meetings," the statement said.
“The virus respects no borders. Combatting this pandemic calls for a transparent, robust, coordinated, large-scale and science-based global response in the spirit of solidarity,” reads the joint statement from the #G20VirtualSummit.https://t.co/pLJAuMLDea— About Her (@AboutHerOFCL) March 27, 2020
"The G20 is leading the fight against this global pandemic, taking swift and unprecedented actions to protect lives, livelihoods and the most vulnerable," it said.
According to Arab News, other G20 initiatives include injecting $11 trillion to safeguard the global economy, launching a debt suspension initiative for the least developed countries to defer $14 billion in debt payments due this year and use these amounts instead for financing their health systems and social programs.
"The upcoming G20 Leaders’ Summit will focus on protecting lives and restoring growth, by addressing vulnerabilities uncovered during the pandemic and by laying down the foundations for a better future," said the statement.
"The Summit will also focus on fostering international action to realize opportunities of the 21st century for all, by empowering people and protecting our planet, whilst harnessing the potential of innovation to shape new frontiers."