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President Calderón Delivers Final Statement on G20 Summit
 Suzanne Stephens Waller - Presidencia de la República
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November 13, 2010
Seoul, Korea - Mexico called for international cooperation, agreements and measures that will permit a balance between markets, explained President Calderón during a Friday press statement in which he summarized the issues discussed at the four plenary sessions held during the 5th G20 Summit in Seoul, Korea.
The most important issue in public opinion, said the President, was the macroeconomic aspect, which must make it possible to, "Consolidate the recovery of the global economy and establish the bases for strong, sustainable and balanced growth in the medium term.”
He said that the underlying solution, in this issue, “Must be to establish much more responsible macroeconomic policies that do not manipulate or attempt to control variables that should be regulated by the market.”
At the Second Plenary Session, the issue dealt with was the reform of international financial organizations. He remarked that the agreement agreed on by the International Monetary Fund has been successful, because it has enabled emerging countries such as Mexico to have greater participation in the governing bodies of the International Monetary Fund, in addition to enabling other countries, in complex situations, to be helped by the institution.
In the course of the G20 leaders' lunch, the President explained that two issues were dealt with. The first was the paralysis in the discussion of international trade issues and the second, in which he participated, was sustainable development, with a view to COP16, to be held in Mexico in later November and early December 2010.
“The leaders that participated in the summit expressed their support of Mexico in this effort and acknowledged the inclusive work and negotiation it has carried out with all the COP16 participants," he said.
During the last Plenary Session, the G20 leaders debated financial regulation, energy and the fight against corruption.
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