The Kingdom will participate in the G20 Summit 2017, chaired by Germany, and will be held on July 7 and 8, 2017 at the fairgrounds in Hamburg, northern Germany, where the Kingdom is one of the founding countries and a member of the G20 club, which includes two-thirds of the world's trade, and also represents more than 90% of the world's raw product, and aims to strengthen international cooperation and consolidate the principle of expanded dialogue by taking into account the increased economic weight enjoyed by a number of countries, to avoid financial crises as happened in the 1990s crisis.

The purpose of the summit is to strengthen international financial stability and create opportunities for dialogue between industrialized and emerging countries, which the meetings of finance ministers - in the past - with the Group of Seven have been unable to resolve. <Its purpose is to promote international financial stability and create opportunities for dialogue between industrialized countries and emerging countries, which the meetings of finance ministers - in the past - with the G7 could not solve, and the founding meeting of the summit was held in 1999 in Berlin under the presidency of Germany. In addition to the Kingdom, the G20 includes Argentina, Australia, Brazil, France, Germany, Britain, India, Indonesia, China, Italy, Japan, Canada, Mexico, Russia, South Africa, South Korea, Turkey, the United States and the European Union. <The German city of Hamburg has completed preparations for the event, with Seibert saying that the Hamburg fairgrounds meet all the logistical, technical and security requirements for such a meeting. The spokesman did not comment on the costs of hosting the summit.