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Saudi Arabia to host G-20 summit in 2020, Japan to host next year

G-20 summit Buenos Aires Argentina

The final communiqué of the G-20 summit, which was held in the Argentine capital Buenos Aires, revealed that the summit will be held next year in Japan, while Saudi Arabia will host the summit meetings in 2020.

The final statement thanked Argentina for successfully hosting the G-20 in Buenos Aires, adding, "We look forward to the next summit in Japan in 2019 and Saudi Arabia 2020."

The G-20 summit in Argentina ended on Saturday evening after leaders agreed to reform the World Trade Organization (WTO), but only 19 agreed to support the Paris Convention to combat climate change, with the US confirming its decision to withdraw.

The statement included the leaders' commitment to an open and flexible financial system based on agreed international standards, finalizing the agreed financial reform agenda and assessing its impact.