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G20 to Discuss Economic Recovery and Cooperation

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Thursday, 24 September 2009

Leaders of the Group of 20, the world's leading rich and developing countries, are set to meet Thursday and Friday to discuss preventing another world economic crisis and establishing sustainable growth.

U.S. President Barack Obama is hosting the meeting set in Pittsburgh, Pennsylvania, following up on similar meetings in London in April 2009 and Washington, D.C. in November 2008 regarding the global financial crisis.

Members are expected to build on their goals of restoring jobs and economic growth, repair lending systems, reform international financial systems, and prevent future recessions.

They are also expected to work on ways to promote global trade and build a sustainable model for recovery, and provide financial support to developing countries dealing with climate change issues.

Members of the G20 include the United States, Brazil, China, Indonesia, Mexico, France, and Germany.

The rest of the members are Argentina, Australia, Britain, Canada, India, Italy, Japan, Russia, Saudi Arabia, South Africa, South Korea, and Turkey.


Thursday, 24 September 2009

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