G20 Seoul Summit Special 3

The Agenda of the G20 Seoul Summit

Follow-up Agenda

The G20 Seoul Summit, above all, will focus on following up on previous G20 commitments which include :

* Safeguarding the ongoing recovery and restoring fiscal sustainability
* Ensuring strong, sustainable, and balanced global growth
* Building a stronger international financial regulatory system
* Modernizing international financial institutions

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New Agenda

In addition to delivering on previous G20 commitments, Korea as the G20 president for 2010, will also bring new perspectives and new issues to the G20, with a view to addressing the needs of the emerging and developing world as part of the effort to support sustainable growth globally.

* Global Financial Safety Net System

Korea is advocating strengthening global financial safety nets to assist countries to deal with capital volatility. Without reliable financial safety nets, many emerging and developing countries have had to rely on self-insurance, giving them greater impetus to accumulate large foreign reserves.

* Development Issues

Korea is also interested in fostering renewed discussions on development issues. The G20 leaders collectively recognized that narrowing the development gap and reducing poverty are integral to the broader objectives to achieve strong, sustainable and balanced growth, as well as to ensure a more robust and resilient global economy. Korea will act as a bridge between the advanced, emerging and developing worlds by fully engaging all relevant stakeholders, with a focus on the development needs of low income countries.

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Did you know? 1

The seating plan is not revealed until the last minute

The Presidential Committee for the G20 Summit will not unveil the seating plan until right before the event, because countries lobby for the order of protocol and seating. The general protocol follows the order of heads of state, heads of government, and representatives from international organizations. Within each group, the order of inauguration and year of an organization’s foundation will be considered.

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Did you know? 2

Korean cars to carry international leaders for the summit

When they visit Seoul for next month’s G20 Seoul Summit, the international leaders will ride in Equus limousines manufactured by Hyundai-Kia Motors. The car is equipped with a bullet-proof security system and an automatic break alert system, with emergency lights that turn on automatically if the breaks are activated abruptly. The summit will require a total of 240 official vehicles to transport G20 leaders.

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Connect to the G20 Seoul Summit with your Mobile Phones :

G20 Seoul Summit Special
To be continued in the next issue…



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