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 offinance ministers and central bank governors from 20 economies: 19 countries plus the European Union. Recently summits meeting at level ofHeads of government have been introduced. The 2010 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.