The T20 Summit was convened virtually by the King Faisal Center for Research and Islamic Studies (KFCRIS) and the King Abdullah Petroleum Studies and Research Center (KAPSARC) on October 31 and November 1. The Chairman of the Board of Directors of the KFCRIS, HRH Prince Turki AlFaisal, delivered the welcoming speech in which he stressed that the T20 Communiqué, on which the T20 had continuously worked over the past year, provided recommendations to solve the challenging global issues and to reform global organizations to cope with future challenges. HRH Prince Turki also emphasized that the works of the G20 and the T20 were carried out under the challenges posed by the coronavirus pandemic, and despite such challenges the T20 operated under the Saudi presidency, had been a success.