G-20 to Consolidate Efforts in South Korea
September 30, 2009
Related articles
More Turmoil Feared as Heat Kept on Greece 12:19am Nov 7, 2011
Don’t Get Stuck on Europe, SBY to Tell G-20 1:15am Nov 4, 2011
G20 Consider Shaming List for Risky Economies 11:08pm Apr 15, 2011
G-20 Agrees on Less Dependence on US Spending, But Little Else 12:04am Apr 14, 2011
G-20 to Work on Global Balancing As Sea of Troubles Comes Knocking 10:01pm Apr 13, 2011
Post a comment
Please login to post comment
Comments
Be the first to write your opinion!
Seoul. World leaders will discuss ways to sustain growth and correct global economic imbalances at next year’s Group of 20 economic summit in South Korea, President Lee Myung-bak says.
“At the time when the Group of 20 summit takes place in November next year, the world will clearly be out of the global economic crisis,” Lee said on Wednesday.
“The G-20 will discuss ways to sustain economic development following the global crisis and how to correct imbalances in the world’s economy.”
The latest G-20 summit ended in Pittsburgh last week after agreeing to meet next year in Canada and South Korea.
Lee said members agreed it was too soon to start scaling back the multitrillion-dollar stimulus measures that helped stave off further economic misery following last year’s meltdown.
South Korea is set to be one of the first countries to recover but Lee said it was still too early to draw up its own exit strategies.
He said Seoul would invite representatives from African countries and other developing nations to the summit in Korea. Aid issues will be on the agenda.
Hosting the event will give the nation an opportunity to raise its international status, Lee said.
“South Korea is facing an upturn in its fortunes. The chance to become a leader in the world has come,” he added.
“Let us turn our hosting of the G-20 summit next year into a chance to upgrade the status of our nation not only in the economic sector, but in legal, ethical, political and cultural areas.”
Agence France-Presse
- Another Indonesian Pilot Busted in Airline Drug Test
- ‘The Phantom of the Opera’ Unveils Itself to Jakarta Audience
- Malaysian Girl Speaks Indonesian After Freak Accident: Report
- Indonesians Buying Up Most Expensive Homes in Singapore
- Bali’s Rising Violent Crime Rate Could Threaten Tourism Industry
- Funeral on Friday for Student Killed in Rafting Accident
- Jakarta 'Healer' Touches Clients’ Penises to ‘Remove Evil Spirits’
- Indonesian Police Arrest Czech Tourist in Papua
- Adek Berry: The Lady Behind the Camera
- 7 Motorcycle Girls Arrested for Beating Up Their Own on Bali
-
10:42pm | 12 Detainees Pull Off Brazen J...
Jailbreak happens all over the World Governments should give education and hope to the poor or else the Higly organised Mega Rich Crime will destro -
10:15pm | Notorious Gang Boss Could Be B...
Every Big city in the World has a huge crime problem So Jakarta no different. Honesty is the best policy. My father said to me when I was a young ... -
10:07pm | Israel’s Stance on Iran Could ...
Strike is a made up war from the free mason and illuminati, they need to justify a war to reduce the worlds population by 90%. A nwo will be create -
9:52pm | Sumitomo Bets on Indonesia’s G...
u have less chance of seeing a big fish convicted than I have of buying JPB a few beers -
9:42pm | Israel’s Stance on Iran Could ...
Moscow's stance on Syria IS catastrophic... -
9:42pm | What US Stop Online Piracy Act...
Am I the only one who believes that Indonesian govt doesn't care about sopa, so does everyone else in the country? It tickled us only when Wikiped -
9:41pm | What US Stop Online Piracy Act...
Am I the only one who believes that Indonesian govt doesn't care about sopa, so does everyone else in the country? It tickled us only when Wikiped -
9:29pm | Sumitomo Bets on Indonesia’s G...
@Valkyrie: don't get our high hopes, the bigger fishes are only AU, and maybe AM as "bonus".. but it stops there. Indonesian people will forget
