The acronym "G20" stands for the Group of Twenty. It is an international forum comprising 19 countries and two regional bodies-the European Union and the African Union-that brings together the world's major advanced and emerging economies to discuss and coordinate global economic and financial issues
. The G20 members represent about 85% of global Gross Domestic Product (GDP), over 75% of international trade, and approximately two-thirds of the world population
. It was established in 1999 to broaden dialogue on key economic and financial policy issues and has evolved into a premier forum for international economic cooperation, addressing a wide range of global challenges beyond economics, including climate change and sustainable development
