Western Powers and Emerging Nations Ready Themselves for the Upcoming G20 Summit – But Can There Be Cooperation Between G7 and BRICS Countries?
India’s capital, New Delhi, is getting completely revamped ahead of the G20 summit on September 9 and 10th.
The Group of Twenty (G20) is considered to be ‘the premier forum for international economic cooperation’. But can there really be cooperation between the embattled G7 countries and the newly-emboldened BRICS members?
19 countries and the European Union form the group: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom and United States.
If you take a look at this list, you have the G7 countries and the EU, and you have on the other side 7 BRICS countries.
The G20 members represent around 85% of the global GDP,