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G-20 SEOUL SUMMIT 2010

G-20 Seoul Summit 2010

  • Date: November 11th~12th, 2010
  • Venue: Coex
  • Organizer: Presidential Committee for the G-20 Summit
  • Preparatory Meetings:
    • Feb. 27-28 (Incheon): vice finance ministers, vice governors of central banks
    • June (Busan): finance ministers and governors of central banks
    • Sept. (Gwangju): vice finance ministers and vice governors of central banks
    • Oct., Nov. (Gyeongju): finance ministers and governors of central banks

What is the G-20 ?

The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together the world’s main industrialized and developing economies for discussion of key issues regarding the global economy. The inaugural meeting of the G-20 took place in Berlin in December 1999, hosted by the German and Canadian finance ministers. The heads of state of the G-20 have held summits since 2008.

The G-20 is a top forum for international economic development that promotes open and constructive discussion on key issues related to global economic stability. By contributing to the strengthening of the international financial system and providing opportunities for dialogue on national policies, international cooperation and international financial institutions, the G-20 helps support growth and development across the globe.

The European Union, which is represented by the current holder of the EU’s rotating presidency and the head of the European Central Bank, is the 20th member of the G-20.

History:

  • 1st Summit: USA (Washington, D.C.), November 2008
  • 2nd Summit: England (London), April 2009
  • 3rd Summit: USA (Pittsburgh), September 2009
  • 4th Summit: Canada (Toronto), June 2010
  • 5th Summit: Republic of Korea (Seoul), November 2010

Membership

The G-20 consists of 19 countries and the European Union.

G20 Membership

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