Saudi Arabia to attend G20 summit as troika member

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RIYAD – Saudi Arabia will participate this year as a member of the tripartite “troika” commission of the G20 summit, chaired by Italy; support the group’s efforts for inclusive, sustainable and balanced economic growth.

The Kingdom will share lessons learned from previous discussions with Member States during its previous Presidency and provide advice on various topics.

During its presidency of the G20, the Kingdom, through the efforts of the communications and information technology system, contributed to the formulation of the orientations of the Member States on several themes.

Contributions focused on the development of the digital economy, the role of digital technologies in preparing for the recovery and ensuring enhanced resilience in the face of future crises, pushing digital transformation efforts into production, leveraging intelligence artificial, blockchain technology, measuring the practice and impact of the digital economy, educating and protecting consumers, protecting and empowering children in the digital environment, encouraging innovation for smart cities, free flow of data while building trust, communication and social inclusion.

This is in addition to digital tools for utilities and business sustainability, digital identity and flexible systems.

Italy’s agenda for the G20 this year revolves around three main pillars: people, planet and prosperity. This concept has been welcomed with appreciation by Member States whose vision is compatible with the objectives of the Italian Presidency of ensuring a rapid response to the pandemic while achieving an economic recovery focused on the needs of the population.

The G20 meetings, under the Italian presidency, were consistent with the trends in Saudi Arabia that were discussed during the Kingdom’s presidency of the G20, as the Kingdom’s proposal to transform the task force on the digital economy in working group met a consensus of the countries of the group, and will be activated during the next Indonesian presidency in 2022.

The interest of the Italian Presidency in the topics raised by the Kingdom was also manifested in its continued discussion on human empowerment through the digital economy, especially in light of the difficult circumstances that have swept the world due of the coronavirus pandemic.

The Kingdom was ranked second internationally among G20 countries in the Digital Competitiveness Report 2021 published by the European Center for Digital Competitiveness. – SPA

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