Factbox: What is the G20 and which leaders are attending the Bali summit?

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Factbox: What is the G20 and which leaders are attending the Bali summit?
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What is the G20 and which leaders are attending the Bali summit? G20

Heads of government from the world’s Group of 20 major economies started a summit meeting on the Indonesian island of Bali on Tuesday that is marked by deep rifts over the war in Ukraine and concerns over the spike in global inflation.

The Nov 15-16 summit is the first among G20 leaders since Russia invaded Ukraine in what Moscow has called a “special military operation”.The G20 accounts for more than 80% of the world’s gross domestic product, 75% of international trade and 60% of its population.Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, the United States and the European Union.

After meeting Biden on Monday, he is scheduled to hold talks with the Australian Prime Minister and South Korean president among others.Lavrov is representing President Vladimir Putin in Bali after the Russian leader was said to be too busy toIndonesia has resisted pressure from Western countries to withdraw its invitation to Putin and expel Russia from the group over the war in Ukraine, saying it did not have the authority to do so without consensus among members.Biden.

Albanese has highlighted the importance of this summit amid global economic uncertainty. He also committed to work closely with the Indonesian president to help deliver a successful summit.Besides joining the summit on Tuesday, Yoon is also due to hold meetings with counterparts and some Korean business leaders in Indonesia.

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