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G20 Talks Begin on Monday in Build Up to Leaders’ Summit

The summit will begin on Friday but there will be preliminary talks since Monday

By | sebastianhanco[email protected] | November 25, 2018 3:56pm

presidente_mauricio_macri_g20_1(Photo via G20)

The G20 week is upon us and even though the Leaders’ Summit will officially begin on Friday 30, participating governments will begin their meetings in Buenos Aires as early as Monday. In a press release, the G20 organization indicated that the summit runs on the following two tracks:

  • The Finance track, which comprises all meetings with G20 finance ministers and central bank governors, and their deputies. They focus on financial and economic issues, such as monetary, fiscal and exchange rate policies, infrastructure investment, financial regulation, financial inclusion and international taxation.
  • The Sherpa track, which focuses on broader issues such as political engagement, anti-corruption, development, trade, energy and climate change, gender equality, among others. The sherpa engages in planning, negotiations and implementation tasks on behalf of the leader of their respective country. Each sherpa guides their minister and head of state accordingly on the progress of the G20, and delegates dialogue and topics to relevant working groups.

Both tracks will have separate meetings on Monday at the Buenos Aires Exhibition & Convention Centre (CEC). Finance deputies will discuss the main issues related to finance that will be brought up at the Summit, while the sherpas will work specifically to consolidate progress on anti-corruption, education, employment, climate sustainability and energy transitions, among many others. This will be in order to be prepared for the joint Wednesday meeting between the two tracks.

On Thursday evening, finance ministers will take part in a working dinner to wrap up the annual work program of the Finance track, which included two ministerial meetings in Buenos Aires, another ministerial in Washington DC and a fourth in Bali, Indonesia.

On Friday at 10.30 AM, the Leaders’ Summit will begin with the leaders’ arrival to Costa Salguero and afterwards Argentine President Mauricio Macri will give opening remarks at the plenary session. Once the working sessions are over, leaders and their partners will participate in a cultural event at the iconic Colón Theatre.

The leaders’ agenda continues on Saturday with working sessions in the morning. At 2.45 PM local time, once the closed-door sessions have finished, Macri will give a press conference to brief on the Summit’s main conclusions.

Along with the Summit schedule, President Macri will also be active on the event’s sidelines. So far, he will reportedly be hosting a bilateral meeting with UK Prime Minister, Theresa May and a further meeting with US President, Donald Trump.