Rio de Janeiro, November 19, 2024 – On behalf of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Saudi Arabia’s Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, led the Kingdom’s delegation at the second session of the G20 Summit in Rio de Janeiro. The session, titled “Reform of Global Governance Institutions,” focused on modernizing international governance frameworks to address contemporary economic challenges with greater flexibility and sustainability.
The discussions underscored the G20’s collective commitment to adapting global governance institutions to better meet the demands of an evolving economic landscape. Participants emphasized the importance of inclusivity and resilience in crafting policies that respond to global shifts while promoting long-term sustainability and growth.
Joining Prince Faisal in representing Saudi Arabia were Minister of Finance Mohammed bin Abdullah Al-Jadaan, Vice Minister of Finance and Saudi Sherpa for the G20 Abdulmuhsen Alkhalaf, and Saudi Ambassador to Brazil Dr. Faisal Ghulam. The delegation reflected Saudi Arabia’s active engagement in global economic dialogue and its dedication to advancing reforms that enhance global stability and cooperation.
The Kingdom’s participation in this critical session highlights its commitment to playing a constructive role in addressing pressing global economic issues, consistent with its Vision 2030 goals of fostering international partnerships and contributing to sustainable development. The Saudi delegation’s presence at the G20 Summit underscores the country’s focus on aligning its domestic reforms with broader global objectives to achieve shared prosperity.