Need for global collaboration more important than ever: King Salman | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
July 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JULY 13, 2025
Need for global collaboration more important than ever: King Salman

Global Economy

TBS Report
02 December, 2019, 12:50 pm
Last modified: 02 December, 2019, 01:07 pm

Related News

  • Saudi crown prince meets Iranian foreign minister in Jeddah
  • Low-skilled Saudi jobs getting tougher for Bangladeshis amid mandatory certification, poor salary
  • Grand Mosque’s Friday sermon translated into 35 languages
  • 32,370 Hajj pilgrims return from Saudi Arabia
  • Overseas employment back in flow as Saudi recruitment picks up in May

Need for global collaboration more important than ever: King Salman

In hosting its first G20 Presidency the Kingdom will bring forward the perspectives of the Middle East and North Africa region, as well as the views of developing countries

TBS Report
02 December, 2019, 12:50 pm
Last modified: 02 December, 2019, 01:07 pm
Saudi Arabia's King Salman bin Abdulaziz attends the Gulf Cooperation Council (GCC) summit in Mecca, Saudi Arabia May 30, 2019. Picture taken May 30, 2019/ Reuters
Saudi Arabia's King Salman bin Abdulaziz attends the Gulf Cooperation Council (GCC) summit in Mecca, Saudi Arabia May 30, 2019. Picture taken May 30, 2019/ Reuters

The Custodian of the Two Holy Mosques King Salman, while expressing his pleasure at welcoming the world to the Kingdom — which assumed the 2020 G20 Presidency on Saturday, announced that Saudi Arabia looks forward to hosting fellow G20 Leaders and all experts and participants in Riyadh in November to demonstrate the Kingdom's rich history and create a promising future for the region and the world.

King Salman said, "On behalf of the people of the Kingdom of Saudi Arabia, it is my pleasure to welcome you as the Kingdom assumes the 2020 G20 Presidency and announce to the world our pursuit to create a cooperative environment for the G20 to introduce policies and initiatives that will fulfil the hopes of the people of the world."

The G20 brings together leaders and representatives from every continent to collectively address the greatest challenges and propose impactful solutions for the whole world. For the last decade, this forum has played an instrumental role in addressing the global financial crisis, putting forward reforms fostering growth and development, and shaping collective approaches on issues requiring international cooperation, Saudi Gazette reports.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"Today, we are facing an ever-changing global landscape that is being transformed by technological, economic, demographic and environmental changes. And in an increasingly interconnected world, where G20 countries and their people face common challenges, the need for international collaboration is more important than ever," King Salman said.

The Monarch continued, "The Kingdom strongly believes in the power of global cooperation to forge mutually beneficial solutions, face challenges and create opportunities for all of humanity.

"We, in the G20, have a collective responsibility to advance global cooperation. We should empower people, pave the way for a better future for all and strive for sustainable economic policies to safeguard planet earth.

"We should also be forward-looking and adopt a bold long-term vision that makes the most of the current wave of innovation to shape new frontiers. Therefore, the Saudi G20 Presidency will steer the collective work in 2020 under the theme of Realizing Opportunities of the 21st Century for All.

"In doing so, we will build on the strong legacy of the G20, which has demonstrated the ability to take the long-term view of future challenges and opportunities and to deal effectively with urgent issues.

"To ensure the G20 process remains inclusive, we will engage widely with relevant stakeholders, including civil society, businesses and think tanks from across the region and the globe. We will aim for solutions where the G20 can add value for the benefit of the world. In hosting its first G20 Presidency, the Kingdom has a key role to bring forward the perspectives of the Middle East and North Africa region, as well as the views of developing countries.

"We, in the Kingdom, are currently undergoing a historic transformation under our Saudi Vision 2030 that aims to foster a vibrant society, a thriving economy and an ambitious nation. The Kingdom will work with G20 members to exchange experiences, solidify global cooperation and find solutions for the world's most pressing challenges of the 21st century." 

World+Biz

G20 / Saudi Arabia / Saudi king Salman bin Abdulaziz

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Home Affairs Adviser Lieutenant General (retd) Jahangir Alam Chowdhury at the 11th meeting of the Advisory Council Committee on Law and Order on Sunday, 13 July 2025. Photo: TBS
    Combing operation from now on to catch identified criminals, improve law & order: Home adviser
  • Representational image/Collected
    Mitford murder: 2 more accused arrested
  • Photo shows the twelfth day of the National Consensus Commission’s meeting with political parties at the Foreign Service Academy in Bailey Road, Dhaka on Sunday, 13 July 2025. Photo:TBS
    Consensus reached on emergency declaration reform

MOST VIEWED

  • RAB Director General AKM Shahidur Rahman speaks at the press briefing on a fake bomb threat on Biman Bangladesh flight on Saturday, 12 July 2025. Photo: TBS
    Mother faked bomb threat on Biman flight to stop married son from flying with girlfriend: RAB
  • Bangladeshi garment workers make clothing in the sewing section of a factory in Gazipur, Bangladesh, April 9, 2025. Photo: REUTERS/Mohammad Ponir Hossain/File Photo
    Some Walmart garment orders from Bangladesh on hold due to US tariff threat
  • Infographic: TBS
    Dollar price plummets by Tk2.9 in a week as demand wanes
  • Bangladesh and US hold tariff talks on 11 July 2025. Photo: CA Press Wing
    Dhaka, Washington yet to agree on 20% of US tariff conditions: BGMEA
  • Infograph: TBS
    Matarbari power plant eyes G2G coal deal with Indonesia after quality setbacks
  • Dr Mohammad Zakir Hossain, managing director of Delta Pharma Ltd and secretary general of the Bangladesh Association of Pharmaceutical Industries (BAPI). Sketch: TBS
    Pharma industry grew with policy support, needs it again to survive: BAPI secretary general

Related News

  • Saudi crown prince meets Iranian foreign minister in Jeddah
  • Low-skilled Saudi jobs getting tougher for Bangladeshis amid mandatory certification, poor salary
  • Grand Mosque’s Friday sermon translated into 35 languages
  • 32,370 Hajj pilgrims return from Saudi Arabia
  • Overseas employment back in flow as Saudi recruitment picks up in May

Features

The 2020 Harrier's Porsche Cayenne coupe-like rear roofline, integrated LED lighting with the Modellista special bodykit all around, and a swanky front grille scream OEM Plus for the sophisticated enthusiast looking for a bigger family car that isn’t boring. PHOTO: Ahbaar Mohammad

2020 Toyota Harrier Hybrid: The Japanese Macan

1d | Wheels
The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. PHOTO: Akif Hamid

GAC inaugurate flagship showroom in Dhaka

1d | Wheels
After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

1d | Panorama
Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

2d | The Big Picture

More Videos from TBS

Apu Biswas secures bail following court surrender

Apu Biswas secures bail following court surrender

1h | TBS Today
Legal fight if 'Shapla' symbol is not given: NCP

Legal fight if 'Shapla' symbol is not given: NCP

2h | TBS Today
Prisoner sentenced to prison for not showing news of president in Tunisia

Prisoner sentenced to prison for not showing news of president in Tunisia

4h | TBS World
The price of the dollar is falling; how much can it fall?

The price of the dollar is falling; how much can it fall?

5h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net