The Group of Twenty Finance Ministers and Central Bank Governors (known as the G-20 and also the G20 or Group of Twenty) is a group of finance ministers and central bank governors from 20 economies: 19 countries, plus the European Union. The current chair country of the G-20 is South Korea.
The G-20 is a forum for cooperation and consultation on matters pertaining to the international financial system. It studies, reviews, and promotes discussion among key industrial and emerging market countries of policy issues pertaining to the promotion of international financial stability, and seeks to address issues that go beyond the responsibilities of any one organization.Heads of states of G-20 members meet biannually at the G-20 Summit. The 2010 G-20 Summits are scheduled to be held in Torontoon June 26-27 and Seoul on November 11-13.