South Africa Poised to take over the Leadership of the G20 on Sunday

On Sunday, South Africa will assume the G20’s leadership role.
For the first time, an African nation is leading a group of 20 nations as president.

Johannesburg will serve as the group’s leader until the United States assumes leadership of the G20 at the end of 2025. The G20 group aims to address climate change concerns and inclusive growth while confronting the harsh realities of trade disputes and diplomatic difficulties.

In November, the leaders of the 20 largest economies in the world met and issued a number of statements. There were few specifics and many generalizations in the letter, which called for an international agreement to fight hunger, increased help for Gaza, and an end to the conflict in Ukraine.

Although group members supported the joint statement, there was not unanimous agreement. It also demanded revisions that would eventually allow the U.N. Security Council to have more than five permanent members and a potential worldwide tax on millionaires.