Argentina eyes to deepen cooperation with China in the upcoming G20 summit: official
Argentina is ready for this year’s G20 summit and the nation hopes to see the world leaders achieve consensus for the benefit of all the countries, Hernan Lombardi, summit technical coordinator, said in a joint media interview ahead of the upcoming summit from Nov. 30 to Dec. 1 in the Latin American country.
In particular, this summit will enhance China and Argentina relations, Lombardi noted.
The two countries have obtained fruitful achievements in past years, especially in media cooperation. Besides traditional technical advancement, China and Argentina have also exchanged ideas more closely through television programs and online platform. For example, television networks of the two countries worked together to create major documentaries including “Charming Argentina” and “Charming China,” which aim to deepen mutual understanding and spread information to the world.
Argentina has taken many innovative methods to ensure the smooth operation of the summit and to display the country’s unique culture, according to Lombardi. Specifically, conference venues and nearby locations will have stringent security measures in place to ensure the safe participation of leaders from all sides, as well as to show the characteristic culture of Argentina to the world to promote tourism and encourage domestic development, reported Wen Wei Po newspaper.
Last year, more than 60 conferences and pre-event activities were held in 10 Argentina cities, which saw some 4,000 representatives from invited countries and international organizations, according to the official statistics from the G20 Organizing Committee.
This year’s G20 will continue to maintain and play its role as an international multilateral cooperation mechanism and provide a powerful platform for resolving challenges facing the world today, the coordinator added.
Here is what you need to know about #G20 leaders’ summit
The 13th G20 Leaders’ Summit, under the theme of “building consensus for fair and sustainable development,” will take place Friday to Saturday in Buenos Aires, the capital city of #Argentina. Media hail the role of the G20 Leaders’ Summit on the world stage as “indispensable.” However, do you know why it started and how it functions?
In the wake of the 1997 Asian financial crisis, Western countries realized that developed countries in the West could not resolve global financial challenges. Emerging economies, as part of the global financial system, had to be included, too. Based on the proposal put forward at the G7 Finance Ministers’ Meeting in 1999, finance ministers and bank governors met in Berlin, Germany, in December of the same year, symbolizing the official launch of G20.
Before 2008, G20 financial ministers and bank governors would hold an annual meeting. When the 2008 financial crisis broke out, the first G20 Leaders’ Summit took place in Washington to coordinate global economic and financial polies in responding to the crisis. Since then, the G20 Finance Ministers’ Meeting and the G20 Leaders’ Summit meet regularly to discuss global issues of common concern and to tackle global growth challenges.
Instead of a voting mechanism, the G20 Leaders’ Summit functions through consensus decision making reached by the leaders through discussions and negotiations.
G20 Leaders’ Summits have held 12 summits by the end of 2017 and each one of them focused on different global issues.
All topics discussed fall into three categories: reforming the financial system, improving international financial supervision, and coordinating macroeconomic policies. Global economic governance, climate change, energy issues, and other global concerns often also appear on the discussion list.
With the aim of stabilizing the global financial system and promoting long-term sustainable growth, the G20, which accounts for 90% of global economic output, 75% of international trade, and 67% of the world’s population, plays an indispensable in dealing with global challenges.
（Source: People’s Daily）
In particular, this summit will enhance China and Argentina relations, Lombardi noted.
The two countries have obtained fruitful achievements in past years, especially in media cooperation. Besides traditional technical advancement, China and Argentina have also exchanged ideas more closely through television programs and online platform. For example, television networks of the two countries worked together to create major documentaries including “Charming Argentina” and “Charming China,” which aim to deepen mutual understanding and spread information to the world.
Argentina has taken many innovative methods to ensure the smooth operation of the summit and to display the country’s unique culture, according to Lombardi. Specifically, conference venues and nearby locations will have stringent security measures in place to ensure the safe participation of leaders from all sides, as well as to show the characteristic culture of Argentina to the world to promote tourism and encourage domestic development, reported Wen Wei Po newspaper.
Last year, more than 60 conferences and pre-event activities were held in 10 Argentina cities, which saw some 4,000 representatives from invited countries and international organizations, according to the official statistics from the G20 Organizing Committee.
This year’s G20 will continue to maintain and play its role as an international multilateral cooperation mechanism and provide a powerful platform for resolving challenges facing the world today, the coordinator added.
Here is what you need to know about #G20 leaders’ summit
The 13th G20 Leaders’ Summit, under the theme of “building consensus for fair and sustainable development,” will take place Friday to Saturday in Buenos Aires, the capital city of #Argentina. Media hail the role of the G20 Leaders’ Summit on the world stage as “indispensable.” However, do you know why it started and how it functions?
In the wake of the 1997 Asian financial crisis, Western countries realized that developed countries in the West could not resolve global financial challenges. Emerging economies, as part of the global financial system, had to be included, too. Based on the proposal put forward at the G7 Finance Ministers’ Meeting in 1999, finance ministers and bank governors met in Berlin, Germany, in December of the same year, symbolizing the official launch of G20.
Before 2008, G20 financial ministers and bank governors would hold an annual meeting. When the 2008 financial crisis broke out, the first G20 Leaders’ Summit took place in Washington to coordinate global economic and financial polies in responding to the crisis. Since then, the G20 Finance Ministers’ Meeting and the G20 Leaders’ Summit meet regularly to discuss global issues of common concern and to tackle global growth challenges.
Instead of a voting mechanism, the G20 Leaders’ Summit functions through consensus decision making reached by the leaders through discussions and negotiations.
G20 Leaders’ Summits have held 12 summits by the end of 2017 and each one of them focused on different global issues.
All topics discussed fall into three categories: reforming the financial system, improving international financial supervision, and coordinating macroeconomic policies. Global economic governance, climate change, energy issues, and other global concerns often also appear on the discussion list.
With the aim of stabilizing the global financial system and promoting long-term sustainable growth, the G20, which accounts for 90% of global economic output, 75% of international trade, and 67% of the world’s population, plays an indispensable in dealing with global challenges.
（Source: People’s Daily）
Argentina eyes to deepen cooperation with China in the upcoming G20 summit: official
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