The European Commission announced a plan to mobilise €300 billion in public and private infrastructure investment around the world, a move seen as a response to China's Belt and Road strategy.
The members of the Baghdad Pact except for Iraq endorsed the U.S. intervention, and in 1959, Iraq announced it was formally leaving the arrangement. As a result, the other signatories to the Baghdad Pact formed the Central Treaty Organization, or CENTO.
Sept. 23, 1955 Pakistan signed Baghdad pact for mutual defense with Turkey, Iraq and Britain and left 1979
The G20, formed in 1999, is a group of twenty of the world’s largest economies that meets regularly to coordinate global policy on trade, health, climate, and other issues.
