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Korea’s priorities for the G20 Seoul Summit

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Korea’s priorities for the G20 Seoul Summit

- Int’l Labour Organization-

September 7, 2010

Ho-Young Ahn

Deputy Minister of Foreign Affairs and Trade and Ambassador at-Large for the G20

Republic of Korea

Korea’s priorities for the G20 Seoul Summit

- Int’l Labour Organization-

September 7, 2010

Ho-Young Ahn

Deputy Minister of Foreign Affairs and Trade and Ambassador at-Large for the G20

Republic of Korea

(2)

The Contents The Contents

O. Korea’s priorities for the G20 Seoul Summit I. G20 commitments and implementation

II. Bringing new perspectives to the G20

III. Inclusive outreach activities

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Korea

Korea ’ ’ s priorities for the G20 Seoul Summit s priorities for the G20 Seoul Summit

Toward this end, at the Davos Forum in January, President Lee Myung-bak

presented three priorities for the G20 Seoul Summit .

The Challenge now is to maintain the momentum and solidify its position as the premier forum for int’l economic

cooperation.

1.The implementation of previous commitments

2.Bringing new perspectives to the work of the G20 3.Inclusive outreach activities

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I. G20 commitments and implementation I. G20 commitments and implementation

Maintaining economic support measures until recovery is fully assured

Ensuring strong, sustainable, and balanced global growth

Building a stronger international financial regulatory system Modernizing the architecture for international economic

cooperation

Our first priority will be to follow up on previous

commitments within the given timeframe. Those commitments include :

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II. Bringing new perspectives to the G20 II. Bringing new perspectives to the G20

Im p lem entatio n o f p revio us co m m itm ents 60‐70%

N ew ag end as 30-40%

Development issues

Global Financial Safety Nets

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III. Inclusive Outreach Activities III. Inclusive Outreach Activities

1. Outreach activities for further inclusiveness 2. Closely collaborating with the United Nations

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Thank you

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