The G20, World’s 20 largest economies, including India, has launched W20, an engagement grouping of women leaders, to push for gender inclusive global economic growth. The W20 group will have 20 women leaders from G20 nations. The W20 group would host its first summit on October 2015 in Istanbul after all member countries appoint their nominees.
W20’s newly appointed President Gulden Turktan said it would work as an outreach group and seek to promote gender inclusiveness in economic growth process by empowering women. She asked all G20 countries to nominate their members.
What are G20 Countries?
- The G20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States and the European Union.
- The Group of Twenty (G20) is the premier forum for global economic and financial cooperation that brings together the world’s major advanced and emerging economies, representing around 85 per cent of global GDP.
- The G20 started in 1999 as a meeting of Finance Ministers and Central Bank Governors in the aftermath of the Asian financial crisis.
- In 2008, the first G20 Leaders’ Summit was held, and the group played a key role in responding to the global financial crisis.
- G20 leaders have met nine times since 2008.
Test Your Knowledge
Who represented India for the 2015 G20 meeting of Finance Ministers and Central Bank Governors?
