| Along with many other states, Saudi Arabia is an essential member of the G20 | NEOM city provides a massive market for G20 economies to attract investment |
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| During his speech at the Osaka summit, Crown Prince Mohammed bin Salman committed to finding new ways of cooperation with low-income states in food security, infrastructure development, energy infrastructure, water issues and human capacity building | 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 |
Saudi Arabia is fortunate to chair the G20 summit while initiating practical work on Vision 2030.
4| 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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| Saudi Arabia is an essential stakeholder among G20 nations | States are shifting their traditional foreign policies toward global and regional interdependence by becoming a member of global organizations |
In the 21st century of globalization, regional organizations, multilateral institutes and multinational corporations MNCs are playing a pivotal role in global politics and the economy.
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