The Korea Herald

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G20 conference to kick off in Seoul

By Park Hyung-ki

Published : Dec. 16, 2013 - 19:44

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The Ministry of Strategy and Finance said Monday that it will jointly host the G20 Seoul Conference with Australia’s Department of Finance, the Korea Institute of Finance and the Korea Development Institute on Dec. 18-19.

The Seoul Conference will invite finance vice ministers, deputies, professors, researchers and analysts of G20 economies to discuss global financial market systems.

Some 200 dignitaries from G20 countries and international financial institutions, including central banks, will gather in Seoul to evaluate the markets and recheck their financial policies implemented in their respective countries.

They will also try to reach a consensus on the development of global safety-net systems against another financial crisis.

Australia will host the first of two meetings of Group of 20 finance ministers and central bank governors on Feb. 21-23, 2014, according to the Australian Prime Minister’s Office.

By Park Hyong-ki (hkp@heraldcorp.com)