The Group of 20 or the Group of 20, also known as the G20 (the Group of 20), is an international economic cooperation forum established in Berlin, Germany on December 16, 1999. It is a mechanism for informal dialogue within the framework of the Bretton Woods system.

, composed of the Group of Eight (United States, Japan, Germany, France, the United Kingdom, Italy, Canada, and Russia) and 11 important emerging industrial countries (China, Argentina, Australia, Brazil, India, Indonesia, Mexico, Saudi Arabia, South Africa, and South Korea)

and Turkey) and the European Union.

As usual, the International Monetary Fund and the World Bank attend meetings of the organization.

The G20's total GDP accounts for about 85% of the world's total, and its population is about 4 billion.

The BRIC countries refer to Brazil, Russia, India and China, the four countries that are expected to replace the G7 as the world's largest economies within a few decades.

This abbreviation comes from the homophony of the initial letters BRICs (Brazil, Russia, India, and China) of the English names of these four countries (meaning "bricks").

Among these four countries, Brazil is called the "World Raw Material Base" and the "Coffee Kingdom"; Russia is called the "World Gas Station"; India is called the "World Office"; and China is called the "World Factory".

The "BRIC" countries account for 26% of the world's total territory and 42% of the world's population.

According to statistics from the International Monetary Fund[1], from 2006 to 2008, the average economic growth rate of the four countries was 10.7%.

With the rapid economic growth of the four countries, their international influence is increasing day by day.