Our membership of the G-20 forum provides South Africa with the space to participate in shaping key international policies that could have an impact on our own economy, the region and the continent as a whole. Our network of contacts from our interactions in various G-20 forums provides great opportunities to enhance South Africa’s international profile and reputation.
It also allows us to keep pace with global best practice and learn from others, helping us to make more informed and therefore better policy decisions. South Africa’s participation in the G-20 helps to leverage its voice and effectiveness in other international standard-setting bodies, including the FSB, the Basel Committee on Bank Supervision, and the Financial Action Task Force, to name a few.