Saudi Arabia has assumed the presidency of the G20, the world’s most economically powerful group of nations.

The Kingdom takes over the role from Japan, and will direct the G20’s work for the next year.

As chairman, King Salman will host the group’s 2020 summit over two days next November.

“The Saudi presidency will focus on three aims empowering people; safeguarding the planet and long-term strategies to share benefits of innovation and technological advancement,” King Salman said

Crown Prince Mohammed bin Salman said Saudi G20 presidency is committed to continuing the work from Osaka and promoting multilateral consensus