G20 hosts Canada, S Korea work on global recovery | The Daily Star
11:00 PM, December 07, 2009 / LAST MODIFIED: 11:00 PM, December 07, 2009

International Business News

G20 hosts Canada, S Korea work on global recovery

Next year's G20 hosts Canada and South Korea are working closely together on a blueprint for a sustained global economic recovery, Canadian Prime Minister Stephen Harper said Monday.
"Economies are showing signs of stabilisation but this recovery is fragile. It is a recovery that wrong choices could quickly stall, or even reverse," Harper said in a speech to South Korea's parliament.
"The livelihoods of families all over the world hang in the balance."
Leaders of the Group of 20 (G20) countries agreed at their September summit in Pittsburgh to meet again next year in Canada in June and in South Korea in November.
Harper, who arrived in Seoul on Sunday for a two-day visit, was to hold talks later with President Lee Myung-Bak.
The prime minister said Ottawa and Seoul are "renewing strong relations" while planning for the leadership role they will play as G20 hosts.
“For Canada and Korea, this is a unique opportunity and a unique responsibility. We must lead the way. We must build upon the work done in Washington, London and Pittsburgh," he said.

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