The Group of 20 (G20) is the world's most important forum for economic cooperation. The G20 is a global forum for economic cooperation, an informal mechanism within the framework of the Bretton Woods system, established in Washington, D.C., on September 25, 1999, consisting of the original G8 (United States, Japan, Germany, France, United Kingdom, Italy, Canada, Russia) and eleven important emerging industrial countries (China, Argentina, Australia, Brazil, India, Indonesia, Mexico, Saudi Arabia, South Africa, South Korea, Turkey) plus a common body. Korea, Turkey) plus a common body ().