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PM To Attend G-20 Summit In Seoul

New Delhi, Nov 9 (PTI) Prime Minister Manmohan Singh leaves here tomorrow for Seoul to attend the G-20 Summit that will review the global economic situation and the status of the world recovery.The two-day meet,

PTI [ Updated: November 09, 2010 20:53 IST ]
pm to attend g 20 summit in seoul
pm to attend g 20 summit in seoul

New Delhi, Nov 9 (PTI) Prime Minister Manmohan Singh leaves here tomorrow for Seoul to attend the G-20 Summit that will review the global economic situation and the status of the world recovery.


The two-day meet, beginning Thursday, will also take stock of the progress of implementation regarding the past decisions of the international economic forum, that has met four times since the global financial crisis in 2008.

"This is indicative of the importance, dynamism and credibility of the G-20 as a grouping, which since the Pittsburgh Summit has been designated as the ‘premier forum' for international economic cooperation.

"We also value the G-20 as the principal platform for North-South dialogue with our developed country interlocutors," said Foreign Secretary Nirupama Rao while briefing the reporters on the visit.

The earlier Summits have been held in Washington (Nov 2008), London (April 2009), Pittsburgh (Sept 2009) and Toronto (June 2010).

With ‘Shared Growth Beyond Crisis' as its theme, the Seoul Summit is expected to review the global economic situation, the status of the world recovery as well as the progress of implementation regarding the past G-20 Summit decisions.

In the light of the above, the leaders will decide on the future mandate and direction of G-20. Without trying to speculate about the deliberations at the Summit, broadly speaking some of the areas the Leaders can be expected to address are International Financial Institution (IFI) Reforms, Financial Regulatory Reforms, Trade and Protectionism, Climate Change, development, Rao said.

On the margins of the Summit, the Prime minister will also hold bilateral meetings with his counterparts from the UK and Canada and a pull-aside meeting with the head of the Brazilian delegation.

The Prime Minister will interact with the Leaders of participating countries on a range of bilateral, regional and global issues of mutual interest, Rao said.

Replying to questions about Prime Minister's suggestion that G-20 should put on its agenda infrastructure building for global recovery, she said the agenda for Seoul Summit is for strong, sustainable and balance growth that should take care of the issue.
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