Sunday, February 19, 2012

G-20 foreign ministers hold informal meeting in Mexico

G-20 2012 Summit Logo
Foreign ministers of the G-20 or the Group of 20 major economies held an informal meeting at the weekend in Los Cabos Resort in Baja California Sur, Mexico.

The purpose of the said meeting was to discuss in a frank and open way how the G-20 can contribute to address, more efficiently, key challenges in global governance.

Among the things that were discussed and analyzed in the meeting included breaking the deadlocks in multilateralism; the need for stronger leadership to deal effectively and consistently with cross cutting challenges; building common understanding on green growth and sustainable development; and the building global responses for human development, among others.

The results of the discussions will be recommendations that will enhance the relevance of the G-20 and the ability of its members to promote greater coordination and global leadership.

Among those who attended the meeting were US Secretary of State Hillary Clinton, German Foreign Minister Guido Westerwelle, an European Union foreign policy chief Catherine Ashton.

The G-20 includes 19 country members and the European Union, that all together represent around 90% of global GDP, 80% of global trade, and two thirds of the world’s population. The group will be meeting in Mexico in June for its annual Summit.

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