G20 summit meeting in Hamburg

In 2017, the Federal Republic of Germany is presided over by the Group of Twenty (G20). The G20 brings together the largest industrializations and emerging markets. In addition to meetings of specialized ministers, the respective presidency also invites you to a summit meeting at the highest level. The precise location of this G20 summit is set by the respective heads of state and government of the Presidency. The 2017 Summit will be held in Hamburg on 7 and 8 July 2017 on the proposal of Federal Chancellor Angela Merkel.

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Of course there are many questions about such a big event. There are worries and also criticism. Since the announcement of the meeting by the Chancellor in Hamburg on February 12, 2016, the concrete talks between representatives of the city and the federal government are taking place. The financial aspects as well as the organization, security issues and the impact on Hamburg have to be clarified. But also the content of the G20 meeting as well as the possibilities for the participation of the critical civil society will be discussed.

Participants
In addition to the G7 countries (G20, Russia, the emerging markets of China, Brazil, India, Indonesia, Argentina, Mexico and South Africa, Australia, South Korea, Saudi Arabia, Turkey and the European Union. In addition, Spain enjoys a permanent guest status. In addition, the heads of many international organizations such as the United Nations, the World Bank, the World Food Fund, the WTO, the OECD and the International Labor Organization (ILO) are taking part. In addition, the chairs of regional organizations such as the African Union (AU), the Association of Southeast Asian Nations (ASEAN) and the New Partnership for Africa’s Development (NEPAD) are invited.

The G20 is thus clearly different from the G7 format: the G20 states represent two-thirds of the world’s population, who account for 90% of the world’s gross domestic product and 80% of world trade, while the G7 is the only seven richest countries in the world , Which represent only ten percent of the world’s population and less than half the world’s economic output. The involvement of the African Union, NEPAD and ASEAN as well as the United Nations and the International Labor Organization in the meetings of the G20 will ensure that the concerns of the other states, in particular the developing countries, are taken into account.
In Germany it has become established that before each summit there is an intensive exchange of the federal government with national as well as international non-governmental organizations, in particular on the topics of development policy and climate protection.

Translated from Source