» Wednesday, March 4, 2009

G20

Asked what specific priorities the Prime Minister had for the G20 meeting in April, the PMS said that the Prime Minister had set out what he wanted from the G20 in some details over the last few days; we needed to coordinate global action on fiscal stimulus and we needed a new approach to financial regulation that took account of global financial flows, where previously we only had national regulation. The Prime Minister said that he wanted greater cooperation between national regulators and that we wanted the G20 to address the question of sustainability of economic growth over the long term. This included maintaining our commitment to the Millennium Development Goals and the needs of the world s poorest as well as the needs of emerging markets, which in part covered the ongoing development assistance and the importance of securing an agreement on the Doha world trade talks. There was also a need for a green economic recovery, which put low-carbon at the centre of our economic plans.

Asked if anyone had said that they were unable to attend the G20, the PMS said no.

original source.

Briefing took place at 11:00 | Search for related news

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