UN chief says G-20 cannot afford to let economic recovery falter

14:46, November 06, 2010      

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UN Secretary-General Ban Ki- moon on Friday told leaders of the Group of 20 largest economies ( G-20) that "we cannot afford to let the recovery falter," in the aftermath of the global economic and financial crises.

The message came in a letter sent to the G-20 leaders, ahead of the G-20 summit that is set to take place in the Republic of Korea 's (ROK) capital Seoul next week, UN spokesman Martin Nesirky told reporters here.

Ban urged the leaders "to continue their efforts to sustain economic recovery globally and to lay the foundations for more inclusive, resilient and green growth, including through a concerted focus on delivering the Millennium Development Goals," Nesirky said.

At next week's summit, the secretary-general intends to speak on behalf of all 192 UN member states.

"The secretary-general stressed that G-20 nations can contribute to development by addressing vulnerabilities as they emerge, dealing with climate change directly, and addressing food and nutrition security comprehensively," said the spokesman.

The G-20 members account for 90 percent of global output, 80 percent of global trade, and two-thirds of the world's population. They include: Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, the ROK, Russia, Saudi Arabia, South Africa, Turkey, the United States and the European Union.



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