RIYADH — The Values 20 (V20) group, a new non-official group within the G20 ecosystem, and the Business 20 (B20), Labour 20 (L20) and Youth 20 (Y20) official G20 engagement groups, have issued a global declaration concerning the annual World Values Day.

V20 is a new global community of values experts and practitioners that has come together to support policymakers around the world by finding people-centered public policy solutions based on values.

V20 has established a network hub, knowledge-sharing platform and three task forces relevant to the G20's strategic goals, focused on Global Values, Leadership Values, and Quality of Life Values.

It hosted a Tweetup on World Values Day (Oct. 15) to explore the significance of values. V20 is also running a global crowd-sourcing campaign to share successful and practical values from people's lives, communities and countries.

These activities will contribute towards a V20 Communiqué, to be given to the G20 leaders next month. V20 is configured for the long-term and hopes, in the future, to become an official G20 engagement group.

V20 works to complement the work of others, particularly the official G20 engagement groups, which give prominence to values in their recommendations to decision-makers.

The V20 virtual summit takes place on Nov, 9-10.

The global declaration emphasized the central importance of values to human well-being from the individual through to level of global society.

Declaration Concerning World Values Day:

World Values Day is a golden opportunity for every interested organization, body or individual to highlight their values-based interventions and initiatives.

This annual movement increases the awareness and practice of values around the world and enriches our understanding of the role that values play in our lives.

We, the Values 20 (V20), Business 20 (B20), Labour 20 (L20) and Youth 20 (Y20) encourage everyone to actively partake in World Values Day 2020. Values are the foundations of our social fabrics.

They guide our behaviors in daily life. Our values are of paramount importance for our wellbeing and togetherness as families, communities, organization, nations, and as a global society.

In a rapidly transforming world, World Values Day is an opportunity for each of us to contemplate our values. Please join us in celebrating the World Values Day, in recognizing our shared values and the beauty of our cultural diversity. — SG