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U.S., France reaffirm cooperation on global economic challenge

(Xinhua)

09:15, August 24, 2011

WASHINGTON, Aug. 23 (Xinhua) -- Leaders of the United States and France reaffirmed the importance of international cooperation to tackle the critical global economic challenges, according to a statement released by the White House on Tuesday.

The White House said that U.S. President Barack Obama and French President Nicolas Sarkozy discussed over phone on Tuesday about the global economic situation, the Eurozone crisis and recent market developments.

"They agreed on the importance of concerted action, including through the G20, to address these challenges and to spur growth and job creation in the global economy," said the White House.

Obama also discussed Libya with Sarkozy, who will host the G20 summit later this year in Paris.

The U.S. president, who is on a 10-day break from Washington, is scheduled to return to the White House on Saturday.

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