Considering its Vision 2030, Saudi Arabia will try to explore new ways of socio-economic cooperation with G20 nations while hosting the summit in Riyadh | How can such institutions contribute to worldwide prosperity and wellbeing in a disordered world? |
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The G20 is a forum of 19 countries and the EU for international economic cooperation | This makes the G20 countries the most significant markets and trading partners for Saudi Arabia |
Tsukuba, which hosted a ministerial meeting on trade and digital economy at the G20 Japanese summit, is a model digital city, leading in the domains of research, academia and digital technology.
18NEOM city provides a massive market for G20 economies to attract investment | The Saudi strategy, supported by the US and Russia, is for a more inclusive stance on hydrocarbon resources, while simultaneously promoting renewable sources such as solar and wind |
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Along with Vision 2030, Saudi Arabia is also making serious efforts to preserve the environment and create sustainability | For example, after its completion the Qiddiya city will be a landmark location designed to address the needs of future generations |
However the question remains, will such institutions reflect the sole interest of the member states? Yahya Al-Zahrani is an expert on international affairs and security.