S'pore invited to attend G-20 summit -

S'pore invited to attend G-20 summit

Credit: straitstimes.com

  • Dec 07 2017 21:25About: 6 days ago
  • 5 views

Singapore has been invited by Argentina to attend the annual meeting of the world's top economic leaders next year.

At the Buenos Aires Summit, leaders of the Group of 20 (G-20) economies will discuss the challenges facing the global economy and the policies to promote strong, sustainable, balanced and inclusive growth. The summit, from Nov 30 to Dec 1 next year, will be the 13th meeting of the G-20.

Singapore, a major financial centre and hub for investments into Asia, looks forward to contributing actively to the G-20 discussions, the Ministry of Finance and the Ministry of Foreign Affairs said in a joint news release yesterday.

In particular, Singapore is keen to promote an open, rules-based international economic system as well as discuss infrastructure financing, international tax cooperation and the future of work.

An international panel of top economists and leaders, chaired by Singapore Deputy Prime Minister Tharman Shanmugaratnam, will also be submitting its final recommendations on global financial governance by October next year .

This G-20 Eminent Persons Group on Global Financial Governance was set up in April this year, and tasked to review issues related to global financial governance.

It will submit its findings to the G-20 finance ministers and central bank governors.

The statement noted that Singapore and Argentina enjoy warm relations and close cooperation in multilateral forums.

As chair of Asean next year, Singapore will work together with Argentina to strengthen cooperation between the G-20 and Asean.

As a member of the Global Governance Group, Singapore will seek to promote stronger engagement between the G-20 and the wider United Nations membership, the statement added.

The Global Governance Group, an informal coalition of about 30 small to medium-sized countries, regularly engages with the G-20.

The statement said that Singapore will work with Argentina and the other G-20 members and attendees to achieve a successful outcome at the Buenos Aires Summit. Although Singapore is not a G-20 member, it was invited to participate in the G-20 summits and its related processes in 2010 and 2011, and from 2013 to this year.



Follow Us on Twitter

December 2017 5:00 AMSingapore been invited Argentina attend annual meeting worlds economic leaders next year.

Related stories with S'pore invited to attend G-20 summit

'I kept telling myself not to let go' -World News
'I kept telling myself not to let go' 6 days ago
December 08, 2017 5:00 AMWhen she got hold of the arms of a maid from Myanmar dangling from the fifth floor of a Housing Board block in Bukit Panjang, Jane was certain about one thing: She was not going to let go.
14 contractors fined by PUB for drainage and other offences -World News
14 contractors fined by PUB for drainage and other offences 6 days ago
December 08, 2017 5:00 AMFourteen construction and building contractors were slapped with fines by national water agency PUB, including the firm responsible for the flood in the Thomson area on Christmas Eve last year.
Former S-League player to be stripped of citizenship -World News
Former S-League player to be stripped of citizenship 6 days ago
December 08, 2017 5:00 AMA naturalised Singaporean and former S-League player is set to have his citizenship taken away for his role in a global match-fixing ring.
Driver mounts divider, ploughs into 4 pedestrians -World News
Driver mounts divider, ploughs into 4 pedestrians 6 days ago
December 08, 2017 5:00 AMA rush-hour crowd of people leaving work or headed to dinner was stunned last night when a Mercedes-Benz mounted a divider on Tanjong Pagar Road, hit a lorry on the other side, then ploughed into four people waiting to cross the r
4 nabbed, over 1,000 cartons of cigarettes seized -World News
4 nabbed, over 1,000 cartons of cigarettes seized 6 days ago
December 08, 2017 5:00 AMFour men were nabbed and more than 1,000 cartons of duty-unpaid cigarettes were seized following two related operations mounted by Singapore Customs officers on Monday and Tuesday.
NTU-M1 project to develop a safer way to fly drones -World News
NTU-M1 project to develop a safer way to fly drones 6 days ago
December 08, 2017 5:00 AMA new and safer way to fly drones using a more reliable network is on the horizon, under a research project by Nanyang Technological University (NTU) and telco M1.
Poly students give voice to those seeking aid -World News
Poly students give voice to those seeking aid 6 days ago
December 08, 2017 5:00 AMThree law and management students from Temasek Polytechnic are perched on a sofa in a two-room flat near Redhill MRT station.
AdvocAid tells the stories of those who need help -World News
AdvocAid tells the stories of those who need help 6 days ago
December 08, 2017 5:00 AMNot everyone who needs help qualifies for it.
Flying start to couple's US stint -World News
Flying start to couple's US stint 6 days ago
December 08, 2017 5:00 AMWhile the opportunity to join the F-16 detachment in Phoenix looked appealing as a career-building move, fighter pilot Cedric Goh also took it up for another reason: to start a family with his wife.
Ex-player first caught eye of investigators in 2009 -World News
Ex-player first caught eye of investigators in 2009 6 days ago
December 08, 2017 5:00 AMThen sporting dreadlocks and donning a jacket that said 'Mali' on the back, Alassane was secretly photographed in a hotel room in El Salvador allegedly offering €100,000 to the players to lose the match. He had an unidentified a
Jail for man who broke into office with M. Ravi -World News
Jail for man who broke into office with M. Ravi 6 days ago
December 08, 2017 5:00 AMUsing a screwdriver, lawyer M. Ravi and his friend Lai Yew Thiam gained entry into the locked office of a law firm on multiple occasions.
'I am lost... I really don't know what to do now' -World News
'I am lost... I really don't know what to do now' 6 days ago
December 08, 2017 5:00 AMHe was at a loss for words as he tried to come to terms with the bombshell that was dropped on him.