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Mar 27, 2020

[CA/Econ] G20 Summit 2020


Held at Riyadh (First Virtual Summit – through video conferencing)
Theme: “Realizing Opportunities of the 21st Century for All
Special Invitees: Spain, Jordan, Singapore and Switzerland
According to a release, the G20 countries committed to inject more than $5 trillion into the global economy, and contribute to the World Health Organisation (WHO) led COVID-19 solidarity response fund. Indian Prime Minister said that, the world needs to “redefine” its conversations on globalisation to include social and humanitarian issues like terrorism, climate change and pandemics along with financial and economic discussions.
Many countries have been critical of WHO’s failure to alert the world quickly enough of the potential threat from the pandemic, even after it had been informed of its spread in Wuhan by China on December 31 last year. Others, most notably the United States, have been particularly critical of China for not having been transparent and shared information about the pandemic, and have even called for the virus to be named the “Chinese virus” or the “Wuhan virus,” a move China has opposed strongly.

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