This was one of the topics of the foreign ministers’ meeting in Rio de Janeiro that also discussed the situation in Gaza, energy transition, and the fight against hunger.
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Brazil’s G20 sherpa Mauricio Carvalho Lyrio said that the country has made upgrading global governance and mechanisms for peacebuilding a top priority. Foreign ministers from the G20 group are gathered in Rio de Janeiro from Wednesday to Thursday (21 and 22).
For the first time, the Brazilian government will head the group of the world’s largest economies.
The Brazilian president, Lula, will participate in the group’s summit starting this Saturday (9) in India and symbolically receive the rotating presidency of the G20 to come into effect in December.
The Brazilian Minister of Finance, Fernando Haddad, will participate in the G20 meeting next week in India. Brazil intends to mark its presence on the international scene with solutions for major economic issues.
Paulo Guedes told a group of worldwide dignitaries in Washington about Brazil’s economic recovery.
Four Middle Eastern Arab countries and Pakistan launched an organization aimed at joining efforts for innovation and digital economy, which is expected to reach USD1 trillion in the next five years in these nations.
On the final day of the G20 Summit in Riyadh, the need to keep investing in vaccines was part of the agenda. “We are optimistic about the progress made in developing vaccines, therapeutics and diagnostics tools for COVID-19, but we must work to create the conditions for affordable and equitable access to these tools for all people,” Saudi crown prince Bin Salman said.
G20 Summit takes place online on Saturday and Sunday (22) under the presidency of Saudi Arabia.
The G20 Summit in Riyadh started on Saturday (21). The Saudi king discussed the role of the member countries in the fight against the pandemic, vaccine, medicine and test production and distribution to low-income countries, and a more inclusive post-COVID world, among other topics.
Close to hosting the G20 summit, the Arab country has shared the programs it created for women to include them in the labor market.
During a lecture hosted by the Arab Brazilian Chamber’s WAHI – Women’s Committee as part of the Economic Forum Brazil & Arab Countries, G20 representative Delia Flores and Hessa Al Sabah of Kuwait discussed the situation of businesswomen amid the pandemic.
Brazilian minister of Mines and Energy, Bento Albuquerque, offered the G20 to share measures adopted in the country to increase the population’s access to energy. Universal access to energy was chosen by Saudi Arabia as a priority agenda for the G20.
Saudi Arabia, which is currently leading the group, and the Bank for International Settlements have announced a contest for solutions in financial regulation and supervisions. Entries will be accepted through May 20.