Saturday, December 01, 2018

President Juncker at the G20 Summit in Buenos Aires

G20 leaders agree to defend multilateral rules based international order

European Commission President Jean-Claude Juncker and European Council President Donald Tusk represented the European Union at this year's G20 Summit, under the Argentinian Presidency in Buenos Aires.

Following the two days Summit, G20 leaders agreed to defend a multilateral rules based international order.

President Juncker said: "No one country, no one region can do it alone. There is no alternative to multilateral cooperation. This year's G20 has proven our willingness to forge consensus and address challenges together."

The theme of this year's Summit was "Building consensus for fair and sustainable development". Along with the EU, leaders from 19 countries (Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States) gathered to mark the 10-year anniversary of the G20 and discussed key topics on the global agenda, ranging from globalisation, trade and economics to climate change, migration and the fight against terrorism. 

In their declaration, G20 leaders underlined that international tradeand investment are important engines of growth, productivity, innovation, job creation and development. They recognised the contribution that the multilateral trading system has made to that end making clear that the system is currently falling short of its objectives and there is room for improvement. G20 leaders therefore supported the necessary reform of the WTO to improve its functioning and agreed to review progress at their next Summit in Osaka in June 2019. - Read More

President Juncker at the G20 Summit in Buenos Aires | European ...

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