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G20 summit in Brisbane – World Finance and Protesters

November 15, 2014 - AUSTRALIA

The Australian government describes the Group of 20 Summit in Brisbane on 15-16 Nov 2014 as the most significant meeting of world leaders the country has hosted.

Australia, G20 president in 2014, describes itself as a strong advocate for the forum's focus on promoting open trade and resisting protectionism.

During the global economic crisis, the G20 leaders found unity of purpose but that began slipping away once the crisis faded. The big challenge will now be corralling the divergent interests of the member countries to tie up loose ends, such as implementing new financial regulations leaders have already agreed to undertake.

It is expected that the estimated 10,000 official G20 participants will be outnumbered many times over by protesters who vow to get international attention during the event. Protest groups, including aboriginal rights activists, plan to enter restricted security zones.

The G20 brings together the Group of 8 countries - Russia, the United States, Italy, France, Britain, Canada, Japan and Germany - with China, Brazil, Chile, Indonesia, South Korea, Saudi Arabia, South Africa, Australia, India, Mexico, Turkey and the European Union. The forum represents some 90 per cent of the world's wealth, 80 per cent of world trade and two-thirds of the world's population, according to a statement after G20 talks in Scotland in 2009. The 2014 G-20 Australia summit will be the ninth meeting of the G-20 heads of government.

Australia-G20 (Australian Gov.)

G20

Activists vow to get international attention at Summit (Courier Mail 9 Oct 2013)

As crisis fades, G20 tries to get its mojo back (Reuters 13 Oct 2013)

Date written/update: 2013-11-20