It is an international forum that brings together the world's major economies. Established in 1999, it includes 19 countries and the European Union, providing a platform for discussions on economic stability, sustainable development, and international financial regulation. The summit is held annually, where leaders address pressing global issues such as climate change, trade tensions, and public health crises. In recent years, the forum has expanded its focus to include topics like digital economy and inclusivity. The organisation plays a crucial role in fostering international collaboration and policy coordination among its member nations.