Home GCC Saudi Arabia G20 leaders’ summit, set for Riyadh, to now be held ‘virtually’ The agenda this year will focus on protecting lives and restoring growth by Bloomberg September 28, 2020 The Group of 20 Leaders’ Summit, which had been planned for Saudi Arabia’s capital Riyadh, will now be held “virtually,” according to a statement posted to the G20 website. The G20 summit gathers leaders of the world’s most powerful nations together for a multiday meeting. The agenda this year “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,” according to the statement. Saudi officials have been trying to salvage the set piece event, which would allow its rulers to host the world’s most important political leaders. But the annual schedule of multilateral meetings has been derailed by the coronavirus pandemic. The United Nations General Assembly, which usually brings 10,000 diplomats and scores of world leaders to Manhattan, was held virtually earlier this month. As with the UN, the absence of an in-person G20 summit will preclude the personal encounters among world leaders that sometimes offer glimmers of progress to seemingly intractable crises. Saudi Arabia’s leadership of the G20 is set to expire at the end of November. Italy will take over the secretariat on December 1 and responsibility for hosting next year’s gathering of world leaders – if the pandemic allows. Read: Saudi Arabia floats plan to delay G20 summit until December Tags G20 riyadh Saudi Arabia Summit Virtual World Leaders 0 Comments You might also like Saudi Arabia’s PIF to acquire 54% stake in MBC Group Saudi Arabia posts $8bn Q3 deficit as lower oil prices weigh UAE’s Julphar divests Zahrat Al Rawdah Pharmacies Will they or won’t they? Talk of Saudi cutting oil prices for Asia