Los Cabos, Mexico To Host G20 Meeting

Los Cabos Mexico To Host G20 Meeting

Los Cabos, Mexico will be hosting the G20 Leaders’ Summit, the main forum of international economic coordination that brings together the world’s most important emerging and advanced economies. These economies, called the G20, account for over 80 per cent of the world GDP, 80 per cent of global trade and two thirds of the world population.

The leaders of the United States, China, Japan, Germany, France, Brazil, the United Kingdom, Italy, Russia, Canada, India, Spain, Australia, Korea, Indonesia, Turkey, Argentina, South Africa, Colombia, Chile, Ethiopia, Benin and Cambodia will attend the Summit, during which they will discuss the main challenges of the global economy and define actions to restore economic stability and growth.

The Summit's aim is to promote dialog between business and government leaders in order to enrich the discussions taking place at the G20 and work towards the achievement of its goals by providing incentives for global economic growth and social development. Its agenda includes sessions which are open to the public, as well as closed door sessions in which the different task forces will discuss recommendations with heads of state and government.

This year's G20 Leaders' Summit will be held on June 18-19.

G-20 Summit 2012 To Held In Los Cabos, Mexico

G-20 Summit 2012 Logo

This year's G-20 Summit will be held in Mexico's coastal resort of Los Cabos on June 18-19.

The G-20 Summit is the main forum of international economic coordination that brings together the world’s most important emerging and advanced economies. These economies, called the G-20, account for over 80 per cent of the world GDP, 80 per cent of global trade and two thirds of the world population.

G-20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States and the European Union.

During the Summit, the government heads will discuss the main challenges of the global economy and define actions to restore economic stability and growth.

The International Monetary Fund (IMF) said on Thursday that it expects the upcoming Summit would focus on issues of global growth, job creation and the Eurozone debt crisis.