The G20, comprising 19 nations and the EU, represents over 60% of the global population and 80% of economic power. This year's summit in Rio de Janeiro will see notable absences, including Russian President Putin and Saudi Crown Prince Mohammed bin Salman.
The forum also includes various guest countries, such as Spain and Singapore, and the African Union, which joined last year. Discussions will cover pressing issues such as financial stability, terrorism, climate change, and international conflicts.
While the declarations made by the leaders carry significant political weight, they are not legally binding. Additionally, the summit highlights the challenges faced by European leaders, with perceptions of decline amid competing global powers.
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