ID :
26179
Thu, 10/23/2008 - 16:05
Auther :
Shortlink :
https://www.oananews.org//node/26179
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YUDHOYONO, BUSH TALK BY PHONE ON G-20 SUMMIT
Beijing, Oct. 23 (ANTARA) - President Susilo Bambang Yudhoyono and US President George W Bush recently held a phone conversation to discuss the need to convene a G-20 Summit.
In the phone conversation which took place two days ago, President Bush asked about Yudhoyono's views on the current global financial crisis, presidential spokesman Dino Pati Djalal said here on Thursday.
"President Bush asked (Yudhoyono), if a summit was to be held, who should be invited and in what format," Djalal said.
In response to the question, President Yudhoyono said a G-20 Summit should be held in the near future, Djalal said.
The Indonesian head of state suggested the G-20 with the consideration because the grouping represented a balance between both developing and advanced countries from all regions, he said.
"President Yudhoyono also said that the meeting should be organized in the near future, the earlier the better, because the world's economic stakeholders were expecting it," the presidential spokesman said.
Earlier, Yudhoyono also had talk by phone with Australian Prime Minister Kevin Rudd to discuss the same topic.
It was finally announced that the G-20 Summit would be held in the United States on November 15, 2008, he said.
"So, there will be a G-20 Summit to be attended by world leaders. Hopefully it could become one of good and effective responses to address the financial crisis," Djalal said.
He said there was an agreement between Indonesia and the White House that news about the phone conversation must be embargoed two days ago, until the planned G-20 Summit would be announced officially.
The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance.
The members of the G-20 are the finance ministers and central bank governors of 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States of America.
The European Union is also a member, represented by the rotating Council presidency and the European Central Bank. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis.
In the phone conversation which took place two days ago, President Bush asked about Yudhoyono's views on the current global financial crisis, presidential spokesman Dino Pati Djalal said here on Thursday.
"President Bush asked (Yudhoyono), if a summit was to be held, who should be invited and in what format," Djalal said.
In response to the question, President Yudhoyono said a G-20 Summit should be held in the near future, Djalal said.
The Indonesian head of state suggested the G-20 with the consideration because the grouping represented a balance between both developing and advanced countries from all regions, he said.
"President Yudhoyono also said that the meeting should be organized in the near future, the earlier the better, because the world's economic stakeholders were expecting it," the presidential spokesman said.
Earlier, Yudhoyono also had talk by phone with Australian Prime Minister Kevin Rudd to discuss the same topic.
It was finally announced that the G-20 Summit would be held in the United States on November 15, 2008, he said.
"So, there will be a G-20 Summit to be attended by world leaders. Hopefully it could become one of good and effective responses to address the financial crisis," Djalal said.
He said there was an agreement between Indonesia and the White House that news about the phone conversation must be embargoed two days ago, until the planned G-20 Summit would be announced officially.
The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance.
The members of the G-20 are the finance ministers and central bank governors of 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States of America.
The European Union is also a member, represented by the rotating Council presidency and the European Central Bank. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis.
