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  • The G20 summit closed on Monday with world leaders agreeing to take co-ordinated action

  • to boost the slowing global economy.

  • However,... many would say the most attention grabbing moments happened on the sidelines

  • on the summit.

  • Kwon Jang-ho reports.

  • The two-day meeting of leaders from 20 of the world's leading economies closed on Monday,

  • with the adoption of a joint communique, dubbed the 'Hangzhou Consensus'.

  • The agreement stressed the strengthening of policy co-ordination between the nations to

  • improve the flagging world economy.

  • "We covered issues on stressing policy coordination and breaking a new path of growth, more effective

  • and efficient global economy and financial governance, robust international trade and

  • investment, inclusive and interconnected development."

  • Chinese President Xi Jinping warned world leaders on Sunday against rising protectionist

  • tendencies saying it was putting the world economy at risk.

  • South Korea's President Park Geun-hye reiterated the importance of increasing free-trade in

  • Monday's meetings, stressing instances of protectionism in the past had damaged economies.

  • But on the sidelines of the summit, this year's G20 forum was one where political divisions

  • and struggles were strongly evident.

  • A high-profile meeting between U.S. President Barack Obama and Russian President Vladimir

  • Putin ended up with no agreement on ways to de-escalate the war in Syria, with more discussions

  • said to come in the near future.

  • Obama also met with Xi before the start of the G20 Summit, both ratifying the landmark

  • climate-change agreement...but the good will was seemingly soured by a minor diplomatic

  • incident at Hangzhou airport where Obama was the only leader without a red-carpet reception

  • due to a mechanical failure of the staircase.

  • Commentators said it was a deliberate snub by China, although Obama was quick to brush

  • off the incident.

  • Brexit was also a tense subject, with several nations, including the U.S. and Japan, warning

  • Britain it could take time to negotiate trade deals, and face withdrawing overseas businesses.

  • The first G20 meeting in China might have successfully closed, but global issues and

  • concerns remain.

  • Kwon Jang-ho, Arirang News.

The G20 summit closed on Monday with world leaders agreeing to take co-ordinated action

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二十國集團峰會閉幕,商定解決全球經濟疲軟問題 (G20 Summit concludes with agreement to tackle weak global economy)

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    Tess posted on 2021/01/14
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