The G20

Whilst the international trade figures represent a glimmer of hope for growth in the global economy, they remain significantly below the post-crisis highs seen between 2011 and 2014.

Maintaining the Momentum of World Economic Recovery is a key theme at this year’s G20 summit.

World leaders will gather this weekend in Hangzhou, a city of about 6 million people southwest of Shanghai. It is the first time that China has hosted the event, now in its 11th year.

The G20 plays a significant role in shaping the fortunes of the world economy and is the premier forum for international economic cooperation. The grouprepresents 84% of the world economy, 79% of world trade and 65% of the world population.

The G20 Leaders’ process was established after a joint EU-US initiative back in 2008 to tackle the global financial crisis.