Saudi FM receives G20 baton from Japan as Kingdom prepares to host 2020 summit

Saudi Arabia’s Minister of Foreign Affairs Prince
Faisal bin Farhan was officially handed over the Group of 20 baton from Japan’s
Foreign Minister Toshimitsu Motegi at a ceremony on Saturday in Nagoya,
signaling the Kingdom’s G20 presidency of the 2020 summit, which is to be
hosted Riyadh.
Prince Faisal arrived in Japan on Friday, where he
met with the foreign ministers of the Group of 20, and discussed free trade,
sustainable development and how to assist rapidly growing economies in Africa.
The two-day event is the last of the eight
ministerial G20 meetings to be chaired by Japan this year.
“Under the guidance of the Custodian of the Two Holy
Mosques and the Crown Prince, I was honored today to take over the Kingdom’s
presidency of the Group of 20 for 2020. It will be a year full of hope and
work, and a year filled with communication and dialogue, where people will be
at the heart of sustainable development and the primary beneficiary of today’s
technology. Welcome to Saudi Arabia,” Prince Faisal wrote on his official
Twitter account.
King Salman has hailed the Kingdom’s G20 presidency
as proof of its key role in the global economy.
Japan - which headed the G20 this year - was the
Kingdom’s second-largest export market last year, at $33 billion, according to
IMF trade data.
Japanese Foreign Minister Toshimitsu Motegi told
Prince Faisal he was pleased to meet him for the first time and both sides
wanted to boost relations, according to a read-out from Japan’s foreign
ministry.
Motegi praised Saudi work to stabilize southern
Yemen, where Riyadh spearheaded a deal to end a power struggle between Yemen’s
government.
Diplomats said that Saudi Arabia plans more than a
dozen G20 summits throughout the year on tourism, agriculture, energy, environment
and digital economy.
The two-day summit in Riyadh will be held on Nov.
21-22, 2020, in what will be the first G20 meeting to be hosted in the Arab
world.