12th G20 Summit held in Hamburg, Germany
July 8th, 2017
Hamburg is hosting the twelfth G20 Summit on 7th and 8th of July, 2017. The G20, or group of 20, is an international meeting between heads of states, finance ministers and central bank governors from the world’s leading economies. German Chancellor Angela Merkel is hosting this year’s G20 Summit in Hamburg. The theme of the German presidency of the G20 is ‘Shaping an interconnected world’. Leaders of the G20 countries agreed to swift action and targeted exchange of information on terrorism and its financing. In a statement released at the end of the first day of the 12th G20 Summit, the member countries decided to take concrete steps to stop funding of the terror activities. The leaders also decided that the private sector will also be involved in the global efforts to counter terror financing.