B20 SAUDI ARABIA
The Business Twenty (B20) is the official G20 dialogue with the business community. As the voice of the private sector to the G20, it represents the global business community across all G20 member states and all economic sectors. Formed in 2010, it is the first engagement group of the G20.
Saudi Arabia will be hosting the fifteenth G20 Summit in Riyadh on 21-22 November 2020. It has decided to focus on the Business 20 (B20), making this one of the key engagement groups.
The B20 group is assembled annually and consists of leading businesses from the G20 and other invited countries. The group works to develop and present its policy recommendations to the G20 presidency, in this case to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, to be considered in overall G20 joint communique. The role of B20 group is becoming more important than ever as the common glue across the G20 business community, amid an increasingly challenging business environment characterized by rising protectionism, populism, trade wars, and declining growth and productivity.
Taskforces and Action Council of B20 Saudi Arabia include:
– Digitalization
– Energy, Climate and Sustainability
– Finance and Infrastructure
– Future of Work and Education
– Integrity and Compliance
– Trade and Investment
– Women in Business is the Action Council
N.B.: Submissions due 15 November 2019 (KSA time)