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UN chief hopes to see G20 leaders united in overcoming economic crisis

10-26-2011 10:39 BJT Special Report:Chinese President Hu Jintao Visits Autria, Attend G20 Summit |

by Xinhua writer Gu Zhenqiu

UNITED NATIONS, Oct. 25 (Xinhua) -- UN Secretary-General Ban Ki-moon on Tuesday called upon leaders of the Group of 20 (G20) largest economies in the world to be united in overcoming the economic crisis as they are to meet in a summit next week in France on the contagious sovereign debt crisis across Europe, which is shattering market confidence in a world of fragile recovery.

Ban, in an interview with the UN-based Chinese media, said, "My message to G20 leaders is that they should be united to overcome this crisis, they should never lose sight of plights of many developing countries. They should beyond this immediate horizon, ( and) look for global economic development."


The G20 summit is scheduled for Nov. 3-4 in the southern French city of Cannes at a time when the deepening European debt crisis threatens to tip the global economy back into recession.

"I hope the Cannes G20 summit meeting will deal with all of the matters in relation to what is going on in Europe, the Eurozone crisis," Ban said, voicing his "sincere hope they will come out with a strong package so that they can overcome this crisis."

European leaders have made progress in their meetings in Brussels, Belgium, in their efforts to hammer out a long-awaited plan to fight the continent's two-year-old debt crisis. They failed to make tough decisions over the weekend, but pledged to unveil concrete plans by Wednesday.

The secretary-general is expected to attend the upcoming G20 summit.

"While I do not represent for those countries who do not participate, who are not at the table, I will try and remind them (the G20 leaders) again and again, they should look beyond this immediate crisis," Ban said. "They should work for sustainable development, providing decent job opportunities to many youth and they should also handle this climate change issues. That is why the UN is focusing on number one priority and sustainable development."

The G20 represents 85 percent of global output and two-thirds of the world's population with the Group of Seven (G7) industrialized countries, 12 emerging economies and the European Union. It is neither an institution nor an international organization, but a high-level forum that brings together global leaders for economic and financial cooperation.

In his letter to the G20 leaders, Ban said, "The decisions taken today will shape the world of tomorrow. With wisdom and foresight, we can lay the foundations for a healthy, green and inclusive economic prosperity for everyone."

"By acting together, now, we can pull back from the brink and make a difference for generations to come," he said in the signed letter, which was dated on Oct. 18 and released here Tuesday.

"We have seen the enormous benefits coming out of coordination, " Ban said in the interview. "I believe that when G20 leaders were united in the wake of world economic crisis late 2008, they were united as demonstrated (in their previous summits in) London and Pittsburgh and Toronto and Seoul."

"And this time, they should get united," he said. "This time, I have again been urging them to be united to handle all this economic crisis which is looming large, incremental steps or half major steps will not be solutions."

In his letter to the G20 leaders, Ban said, " I have emphasized that first of all, we have to prevent this world economy from falling again to another economic crisis. We have to have a robust economic stimulus packages."

"At the same time, I hope the consensus on the development package which was agreed on in the Seoul Summit meeting last year will be built upon for actual delivery," he said.

On the relations between the G20 and the United Nations, the secretary-general said the 193-member United Nations, a universal organization, "can play a very important role to get all the important decisions" at the G20 summit to be well coordinated in the process of their implementation.

"The G20 is an informal working for coordination and consensus, " he said. "This is one of my primary tasks to deliver this message to G20 leaders."

"It is important to restore the confidence and trust of market and people in institution and in government -- and they need to take all concrete action plans. I am encouraged through preparatory processes," he said. "I hope (the) leaders will show their political will and leadership."

Meanwhile, the secretary-general also expressed his hope that the G20 summit will touch upon the issue of sustainable development, including climate change, food crisis, nutrition issues, water scarcity, energy strategies and the resources needed to solve against these problems.

"There are so many challenges at this time that need to be discussed by G20 leaders," he said. "The UN will always be there. The UN has the capacity to deliver and implement what G20 leaders will discuss and agree."

Editor:Wang Xiaomei |Source: Xinhua

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