South African President Cyril Ramaphosa on Tuesday outlined the country’s ambitious agenda of its G20 Presidency under the theme “Solidarity, Equality, and Sustainability”.
On 01 December 2024, South Africa assumed the Presidency of the G20, marking a historic milestone as the first African country to lead this influential group of the world’s largest economies.
Speaking during the official launch in Cape Town, Ramaphosa said the G20 Presidency is an opportunity to place the needs of Africa and the rest of the Global South more firmly on the international development agenda.
He announced that the Minister of International Relations and Cooperation, Ronald Lamola, Treasury Minister Enoch Godongwana and The Presidency’s Director-General Phindile Baleni will be tasked with leading and making the G20 process a success.
Ramaphosa noted the responsibility of leading the G20 group which includes the world’s major economies, representing 85% of global Gross Domestic Product (GDP), over 75% of international trade, and about two-thirds of the world population.
The G20 is an international forum of both developing and developed countries which seek to find solutions to global economic and financial issues. The grouping often plays a critical role in shaping and influencing global policy.
The G20 Presidency will culminate in the Leaders’ Summit to be held in Johannesburg, November 2025, where world leaders will adopt a declaration outlining collective actions to address global challenges.
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