The G20 should become the G21. understand

The Group of Twenty (G20), the bloc that includes the European Union and 19 of the world’s largest economies, may gain another member – thus becoming the G21. The African Union, which includes 55 countries on the continent, is a candidate to join the group.

According to the newspaper economic valuethe the African Union He seeks a larger representation within a dome G20that she just has South Africa as an African member state. The admission decision will be taken in September, during a meeting of the bloc in New Delhi, the capital of India.

What is the au?

As indicated on their website, the the African Union It is mentioned that the representation of African parties in the meetings of the G-20 forum is very weak, especially economically. Then a group of 55 countries from the African continent formed the African Union. The entity is headquartered in Addis Ababa, Ethiopia.

Officially launched in July 2002 in Durban, South Africa, after the decision was made to create a new continental organization, the African Union maintains that Africa needs to realize its potential. According to the group, the continent is the eighth largest economy in the world, and by 2063, the continent could become the third largest.

The authority has not yet specified its spokesperson, whether it is its secretariat or it will be the country that assumes the rotating presidency of the entity. Unlike Europe, its representative is the executive responsible for the European Union.

The accession of the African Union, as a full member of the G20, seeks to have a greater voice in reform proposals in international institutions, such as the United Nations Security Council, the International Monetary Fund (IMF) and the World Trade Organization (WTO).

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