Baku, Azerbaijan, May 14
By Rufiz Hafizoglu - Trend:
Azerbaijan's participation in G20 summit is very important for Turkey, Turkish Deputy Prime Minister Ali Babacan told Trend.
He added that Baku will make its contribution to this structure.
Azerbaijan is of special importance for Turkey, since the two countries are bound by the common history and culture, Babacan said.
Babacan reminded that Azerbaijan's finance minister also participated in the previous event within G20.
"Azerbaijan will take part in other events to be held within G20 and B20 as well."
Commenting on Turkey's chairmanship in G20, Babacan said that currently, G20 is one of the most important economic and financial platforms in the world.
During the chairmanship of Turkey in G20, Ankara wants G20 countries to show interest in the countries which are not included in this structure, he said.
The Group of Twenty (G20) is a leading forum for discussion of global economic and financial cooperation. The G20 includes the 20 largest national economies - Argentina, Australia, Brazil, Britain, Germany, India, Indonesia, Italy, Canada, China, Mexico, Russia, Saudi Arabia, the US, Turkey, France, South Korea, Republic of South Africa, Japan and the EU.
About 85 percent of the global GDP accounts for these countries.
Russia chaired the G20 in 2013 and in 2014 it was replaced by Australia. This year Turkey is chairing the G20.
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