Monday, November 30, 2020
News
NEWS HOME
»
PRN INDIA
Global Business Community Issues Urgent Call to Action to G20
  SocialTwist Tell-a-Friend  
   

- Voice of business outlines critical policy recommendations to reinvigorate global economy

- The virtual B20 Summit was attended by more than 8,000 participants across the globe, with over three million viewers on social media throughout the two-day event

RIYADH, Saudi Arabia, Oct. 27, 2020 /PRNewswire/ -- The Business Twenty (B20) Saudi Arabia, the official voice of the private sector to the G20, concluded today the B20 Summit, under the theme 'Transforming for Inclusive Growth', bringing together global leaders to issue a call to action to the G20 as countries deal with the impact of the COVID-19 pandemic.

G20 representative and Saudi Minister of Investment, His Excellency Khalid Abdulaziz Al-Falih receives B20 Saudi Arabia's policy recommendations from Chair Mr. Yousef Al-Benyan

With the aim to reinvigorate the global economy and build the foundation for a more equitable world, the B20 officially delivered at the event its set of 25 policy recommendations to the G20, represented by, on behalf of the Custodian of the Two Holy Mosques King Salman Bin Abulaziz Al Saud, the Saudi Minister of Investment, His Excellency Khalid Abdulaziz Al-Falih.

"This year was like no other in B20 history due to the coronavirus pandemic. However, the priorities we identified before the outbreak, including trade and finance, digitalization, labor, climate and compliance, are every bit as important today," said Yousef Al-Benyan, Chair, B20 Saudi Arabia. "The crisis reinforced the importance of solving these issues through inclusive policymaking while underscoring the need for a coordinated international effort that supports the most vulnerable including MSMEs and women, and the Sustainable Development Goals. I urge the G20 Leaders to adopt these critical policy recommendations to advance an inclusive and sustainable agenda that creates a legacy for 2020 and beyond."  

The G20 representative on behalf of the Custodian of the Two Holy Mosques King Salman Bin Abulaziz Al Saud, the Saudi Minister of Investment, His Excellency Khalid Abdulaziz Al-Falih, said: "I would like to congratulate the leadership of the B20 and its members, especially for your proactive recommendations in light of the expectations of a second wave of the pandemic and the attention you have paid in the most pressing issues in the global economy."

Over the course of two days, leaders from business, government and multilateral institutions addressed a host of issues including free trade, adoption of sustainable practices and the creation of opportunities for women in business to build a more prosperous future. B20 Summit speakers included HRH Princess Reema Al Saud, Saudi Arabia Ambassador to the U.S; Kristalina Georgieva, Managing Director, International Monetary Fund (IMF); Gordon Brown, former UK Prime Minister; Patrick Pouyanné, CEO, Total; Amin Nasser, President and CEO, Saudi Aramco; Carly Fiorina, Chairman, Carly Fiorina Enterprises; Ajay Banga, President &  CEO, Mastercard; and Bill Winters, CEO, Standard Chartered Bank, amongst other prominent business leaders from G20 countries.

The topics covered in the discussions and speakers on day 1  were as follows:  

  • Keynote: Transforming for Inclusive Growth in the New Paradigm with Dr. Werner Hoyer, President, European Investment Bank
  • Panel 1: B20 at Ten, a Decade of Impact with Richard Goyder, Former B20 Australia Chair; Daniel Funes de Rioja, Former B20 Argentina Chair; Alexander Shokhin, Former B20 Russia Chair; Yousef Abdullah Al-Benyan, B20 Saudi Arabia Chair; Teaser: Marcus Wallenberg, Vice Chairman, Institute of International Finance
  • Panel 2: Redesigning Multilateralism for a New Era with Sri Mulyani Indrawati, Minister of Finance, Indonesia; Dr. Mukhisa Kituyi, Secretary-General, Conference on Trade and Development; Roberto Azevedo, Former Director General, World Trade Organization; Kristalina Georgieva, Managing Director, International Monetary Fund; Teaser: Gordon Brown, United Nations Special Envoy for Global Education and former Prime Minister of the United Kingdom

On day 2, the agenda and speakers were as follows:

  • Keynote: Repurposing Business through Stakeholder Capitalism with G20 India Sherpa Suresh Prabhu
  • Panel 1: Reinvigorating the Battle to Save the Planet with Amin Nasser, President & CEO, Saudi Aramco; Patrick Pouyanné, CEO, Total; Emma Marcegaglia, Former CEO, ENI, Co-chair, Women in Business Action Council; Teaser: Adam Sieminski, President, King Abdullah Petroleum Studies and Research Centre 
  • Panel 2: Building Resilient Trade Systems for Inclusive Growth with Shinta Kamdani, CEO, Sintesa Group; Ajay Banga, President & CEO, Mastercard; Mark Tucker, Group Chairman, HSBC Holdings; Teaser: Chad Bown, Reginald Jones Senior Fellow, Peterson Institute for International Economics
  • Panel 3: Humanizing Technological Transformation with Cedrik Neike, Member of the Managing Board and CEO Digital Industries, Siemens AG; Diane Wang, Founder & CEO, DHgate; Cecilia Bonefeld-Dahl, Director-General, DIGITALEUROPE; Teaser: Robert D. Atkinson, President, Information Technology and Innovation Foundation
  • Panel 4: Advancing the Economy by Leveling the Playing Field with HRH Princess Reema Al Saud, Saudi Arabia Ambassador to the U.S.; Carly Fiorina, Chairman, Carly Fiorina Enterprises; Bill Winters, CEO, Standard Chartered Bank; Teaser: Gabriela Ramos, Assistant Director-General, Social and Human Sciences, UNESCO

With the completion of the B20 Summit, the group will continue to advocate for its bold, action-oriented policy recommendations ahead of the G20 Leaders' Summit in November, and plan for the official handover to the next host country, Italy.

Further information on B20 Saudi Arabia:
Contact Us: connect@b20saudiarabia.org.sa
Visit Us: www.b20saudiarabia.org.sa

About B20
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 members and all economic sectors. Formed in 2010, it is the first engagement group of the G20.

The B20 supports the G20 through specific policy recommendations, the consolidated representation of business interests and economic expertise. It also fosters dialogue between the public and private sector.

Photo - https://mma.prnewswire.com/media/1321432/B20_PRN_Press_Release_Photo.jpg

More News by PR Newswire India

Sinopec kickstarts extensive research on CO2 emissions peak and carbon neutral

HGC honoured with Best OTT Partnership Award

World Leaders and Millions of Citizens Call for Peace at Third Online Rally of Hope

New Centre for Medicines Research (CMR) Clinical Factbook From Clarivate Highlights Increasing Cost and Complexity of Phase II Trials

NPL and Cambridge Quantum Computing (CQC) collaborate in quantum computing

Syngenta Crop Protection announces launch of Spiropidion: a new insecticide active ingredient

Oslo, Los Angeles, Mexico City, Budapest Commit to Clean Construction, Moving the Industry Towards a Sustainable Future

Cobwebs' Threat Intelligence Solutions

American Wave Machines, Inc. Announces Two PerfectSwell® Projects

Yili's dollar bond debut wins the highest international credit rating

Which Windows Internet Security Software protects you best and which slows down your workstation

PR Newswire Publishes 2020 Tech Media Pitching Kit

Singapore-based startup Plano Wins World's Most Innovative HealthTech Startup 2020 Award

Longitude Prize launches AMR Voices: Stories from the frontlines of antibiotic resistance during Covid-19

Clarivate Strengthens IP Offering in Mainland China with New Domain Registrar License

Venture Global LNG Awards KBR EPC Contract for Plaquemines LNG Export Facility

Texas Cardiac Arrhythmia Institute at St. David's Medical Center to host virtual international symposium on complex cardiac arrhythmias

Volvo Financial Services Realigns Asia Pacific Organization to Better Serve Customers

Transforming the Future of Digital Health Management - Enjoy a More Fulfilling Life With Zepp

Philip Wong Joins Vasayo as President of Greater China Region

Enterprise Holdings Pledges $120 Million to Advance Social and Racial Equity and Expand the Fight Against Hunger

Tony Blair Institute and Oracle Launch Africa Vaccine Management in the Cloud

GemVax & KAEL reports further positive data from GV1001 Phase II Alzheimer's Disease trial

Xinhua Silk Road: Wuliangye joins Chinese business leaders to promote digital productivity in Asia Pacific

Fresenius Kabi and ASPEN partner for an expert interview series on omega-3 fatty acid containing parenteral nutrition

HarperCollins India is delighted to announce the acquisition of two new books by bestselling author, Preeti Shenoy

2020 TADS Awards Winners Announced At "TADS AWARDS GALA 2020" Presentation Ceremony Hosted in Hong Kong

CDNetworks Releases State of the Web Security for H1 2020: Web Application Attacks Boosted Over 800%

Recently published data on Favipiravir as treatment for mild to moderate COVID-19 demonstrates significant improvement in time to clinical cure

Zentiva Continues Its Planet-Z Program For A Healthier Planet By Planting 4,500 Trees In Portugal

Frost & Sullivan Recognizes Menlo Security as a Growth and Innovation Leader in the Asia-Pacific Web Security Market

Godrej Interio launches essential range, ushering festivities in India

Zymo Research Receives CE IVD Mark for its Quick-DNA/RNAâ„¢ Viral MagBead Kit

Indira IVF is now in 93 centres across India

Creation of a research partnership between Pierre Fabre and Y-Biologics for the development of new immunotherapies based on monoclonal antibodies

GCash overtakes popular brands in local app rankings

G20 Riyadh Summit: Release of Leaders' Declaration

CGTN: China calls for more inclusive development in post-COVID world

Family Photo from Today's Opening Session of the G20 Riyadh Summit

OPENING REMARKS: G20 Riyadh Summit

GAC MOTOR Lands in Chile With Its GS4, GS3, and GA4, building up strength in South America and Accelerating Global Expansion

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Elections no solution to Kashmir problem...
Rajnath Singh on 2-day visit to Lucknow...
Drone sighted in J-K's RS Pura Sector...
After CAA, BJP-led Central govt faces fl...
Farmers' protests backed by unwanted ele...
Cong and BJP leaders exchange barbs afte...
More...    
 
 Top Stories
India fall to 51-run defeat; Austra... 
Demand for BIS certified two-wheele... 
Jaishankar calls on UAE Prime Minis... 
BJP wants to liberate Hyderabad fro... 
Goa CM's 10,000 jobs promise is a p... 
Researchers develop AI to detect Co... 
Sonakshi Sinha enjoys a lazy Sunday... 
Serotonin promotes patience in part...