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G20 leaders , including Prime Minister Narendra Modi, on Monday vowed to conduct joint action against growing global terrorism as well as choking terror financing channels. The Antalya Summit is the first time the G-20 engaged in issues other than the economy and trade as world leaders released a statement denouncing the Paris attacks while vowing unity against terrorism. A dinner hosted by Turkish President Recep Tayyip Erdogan on "Global Challenges: Terrorism and Migration" formed the basis for the statement.
Important concerns highlighted
About G20
The Group of Twenty (also known as the G-20 or G20) is an international forum for the governments and central bank governors from 20 major economies. The members include 19 individual countries—Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States—along with the European Union (EU). The G-20 was founded in 1999 with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability. It seeks to address issues that go beyond the responsibilities of any one organization. Collectively, the G-20 economies account for around 85% of the gross world product (GWP), 80% of world trade (or, if excluding EU intra-trade, 75%), and two-thirds of the world population. The G-20 heads of government or heads of state have periodically conferred at summits since their initial meeting in 2008, and the group also hosts separate meetings of finance ministers and central bank governors.
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