(MENAFN- Saudi Press Agency) Riyadh, November 22, 2020, SPA -- The Leaders of the Group of Twenty (G20) concluded here today 15th Virtual G20 Leaders' Summit which is held on November 21-22, under chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.
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19:01 LOCAL TIME 16:01 GMT
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Under Chairmanship of the Custodian of the Two Holy Mosques, G20 Leaders Summit Concluded 2
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud delivered the following speech:
"Your Majesties, Your Excellencies, Your Highnesses,
Dear participants,
May peace be with you,
I would like to thank you for your active participation over the last two days. We were able to reaffirm the spirit of cooperation that has always been the cornerstone of the G20 successes. This spirit is necessary today more than ever to face the impacts of this pandemic and to build a prosperous future for the people of the world.
We have achieved a lot this year. We have upheld our commitment to continue to work together to rise to the challenge of the COVID-19 pandemic in order to safeguard lives and livelihoods and protect the most vulnerable groups. We have adopted important policies that will achieve recovery all the way to an economy that is resilient, sustainable, inclusive, and balanced. These policies will also maintain the momentum to make the global trade system work for all, and create the conditions to achieve sustainable growth.
Most importantly, we have succeeded in sending out a message of hope and reassurance to our citizens and all people around the world through the Final Communique of this Leaders' Summit. And it is my honor to announce that the G20 members have adopted this communique. This is what the world has been expecting from us. This achievement today is a culmination of our joint efforts throughout this challenge-fraught year.
Our joint and individual actions will be critical in overcoming the immediate global challenge we are facing. Looking forward, through Empowering People, Safeguarding the Planet, and Shaping New Frontiers, we will work on laying the foundations to achieve the main theme of our Presidency: Realizing Opportunities of the 21st Century for All.
Due to its unique stature regionally and internationally, and its unique location which interconnects three continents and lies at the intersection of emerging and developed markets, the Kingdom will continue to play a key role within the G20 to achieve global cooperation and find solutions to the world's most pressing challenges of the 21st century, in collaboration with our partners in the G20 and other countries.
This was the first time that Saudi Arabia had the honor of holding the Presidency of the G20, and it turned out to be a very challenging year. Nevertheless, with your support, we managed to rise to the challenge together.
I would like to express my gratitude to our partners in the Troika, Japan and Italy, who helped us to achieve our program this year.
Now, I have the pleasure to pass the honor and responsibility of the 2021 G20 Presidency to the Italian Republic, wishing them every success. We stand ready to provide support in any way possible.
I would like now to invite His Excellency the Prime Minister of Italy, Mr. Giuseppe Conte, to give his remarks and receive the G20 presidency. Mr. Prime Minister, the floor is yours."
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19:25 LOCAL TIME 16:25 GMT
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Under Chairmanship of the Custodian of the Two Holy Mosques, G20 Leaders Summit Concluded 3
Then, Italy's Prime Minister Giuseppe Conte delivered a speech, thanking Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud on the Kingdom's presidency of the G20 and for unifying G20 endeavor, announcing his country's readiness to assume the summit of the G20 and reasserting keeping the success achieved by the Kingdom of Saudi Arabia during its presidency of the G20.
Conte called his country's assumption of the G20 presidency for the next year, as comprehensive and effective, in dealing with various issues and challenges facing the world countries in order to realize the objectives of the G20.
We are looking forward to the post pandemic stage, in order to build a comprehensive, healthy, sustainable, supporting and more equitable future for the societies, Conte said.
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19:57 LOCAL TIME 16:57 GMT
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Under Chairmanship of the Custodian of the Two Holy Mosques, G20 Leaders Summit Concluded 4
Then, the Custodian of the Two Holy Mosques said "Thank you, Mr. Prime Minister. We wish you every success with the G20 Presidency. I would like to thank all participants in this summit. It has been the honor of the Kingdom of Saudi Arabia to hold the G20 Presidency through this extraordinary year in human history.
May peace be with all of you.
I now adjourn the Riyadh G20 Summit."
The Kingdom's delegation participating in the summit included His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense; Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs; Minister of State and Member of the Cabinet Dr. Musaed bin Mohammed Al-Aiban; Minister of State and Member of the Cabinet Dr. Ibrahim bin Abdulaziz Al-Assaf; and Minister of Finance Mohammed bin Abdullah Al-Jadaan.
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19:57 LOCAL TIME 16:57 GMT
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