“Access to COVID-19 Tools Accelerator” launched by G-20

G-20 has launched a new initiative “Access to COVID-19 Tools Accelerator” under the presidency of Saudi Arabia. The new initiative “Access to COVID-19 Tools Accelerator” will act as global platform for action to improve connections as well as to leverage interdependencies for collective partnership, mobilizing, problem-solving, and guiding investments for new COVID-19 diagnostics, therapeutics as well as vaccines. It also aims to provide equitable access of all the tools to all the members.

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During the launch event of “Access to COVID-19 Tools Accelerator” launched by G-20, the Finance Minister of Saudi Arabia, Mohammed Aljadaan urged all the member countries to come together and cooperate to face this global challenge of COVID-19 pandemic together in order to overcome extraordinary uncertainty faced by the international community.

Important takeaways for all competitive exams:

  • The Group of Twenty (G20) is the premier forum for international economic cooperation which brings together the leaders of both developed and developing countries from every continent. ​
  • The members of the G20 group are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, ​Republic o​f Korea, Turkey, the United Kingdom, the United States and the European Union (EU)​.
  • Capital of Saudi Arabia: Riyadh; Currency: Saudi riyal.

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