What lies ahead for G20 after Seoul summit

0 CommentsPrint E-mail Xinhua, November 13, 2010
Adjust font size:

The G20 Seoul Summit ends in controversy, and it is now France, the 2011 chair, that should pick up the discussion agenda and move on.

Among the issues to be taken up by the next organizer of the summit, there is a fresh idea of institutionalizing a permanent secretariat office for the G20 scheme.

In August, French President Nicholas Sarkozy first officially addressed the issue of creating the G20 secretariat.

Ahead of the Seoul Summit, Sakong Il, president of the preparation committee, made a comment on Sarkozy's remarks, saying the G20 leaders should develop the issue at the Seoul Summit.

Accordingly, it was expected of the Seoul government to kick- start formal discussion on the issue, but it was not ever tabled at the Seoul Summit, the South Korean organizing committee said.

It may be higher-priority issues such as trade imbalance and exchange rates that kept the G20 leaders away from discussing the secretariat topic in Seoul.

Beside priority concern, however, the top leaders also must have been unwilling to bring up another issue over which their interests and opinions clashed.

The G20 scheme, reflecting more of emerging countries' power and interest in nature, certainly isn't a governance structure that existing global powers can fully embrace.

Accordingly, some members of the G8 countries were publicly claiming a return to the previous super-power dominated hegemony, all the more opposed to the institutionalization of the G20.

Advanced nations taking a more moderate stance, though agreeing with the general idea of G20, also seem to be rejecting the G20- should-replace-G8 theory.

On the contrary, emerging countries in general view the G20 system as an opportunity, securing more shares in the global politics and economy than ever.

Also, as for those not found at the top 20 list, the G20 scheme offers more benefits as well, with emerging economy members trying to represent their peer developing nations' interests in a bid to strengthen legitimacy and credibility of the G20.

On the back of support from non-member nations, countries newly joining the world governance system are not likely to tolerate the G20's power diminishing as the effect of the crisis wanes.

Rather, they will seek to increase their voice, possibly through setting up a headquarter for the G20 talks, which will be endowed with rights to review and control the implementation of what has been agreed at summits.

Thus, once the secretariat talks begin officially, there will be added another heated debate on the G20 discussion table, with the G20 nations already divided over a range of agenda items.

Looked into further in depth, there is also found apparent disaccord between countries in favor of the secretariat, more specifically between France and South Korea.

It is widely known that France, the first official advocate of the secretariat, wants a central office in order to deal with general issues, such as climate changes and development.

South Korea, on the other hand, is ambitiously seeking to host the base camp on its territory, eyeing to build a center for global economic policy coordination.

What South Korea envisions is overlapping with the role of international financial organizations, namely the IMF, and the country may have to stand up against more stakeholders than just advanced nations.

At the moment, not all conflict factors are addressed yet as the G20 countries still stay calm regarding the issue.

The G20, however, will not likely stay dormant in France, or as the G20 runs up for the France Summit, considering the event is held in a country that commenced the debate.

Then, it is now France that holds the key to the future of G20.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 百合潮湿的欲望| 黄色毛片在线看| 天天色天天射天天操| 中文字幕热久久久久久久| 日韩精品视频美在线精品视频| 亚洲最大成人网色| 特大巨黑吊aw在线播放| 全黄性性激高免费视频| 色五月婷婷成人网| 国产免费av片在线观看播放| 欧美xxxxbbb| 国产精品冒白浆免费视频| 99久9在线|免费| 天天躁日日躁狠狠久久| 一级毛片一级毛片一级级毛片| 无码天堂va亚洲va在线va| 久久国产精品一国产精品| 最近在线观看视频2019| 亚洲人成亚洲人成在线观看| 欧美精品九九99久久在免费线| 亚洲色欧美色2019在线| 男生的肌肌插入女生的肌肌| 动漫精品动漫一区三区3d| 美女扒开粉嫩尿口的漫画| 国产一级特黄在线播放| 门卫老董趴在我两腿之间| 国产在视频线在精品| 黄无遮挡免费网站视频| 国产成人综合久久精品| 色妞妞www精品视频| 国产精品va在线观看无码| 18禁无遮挡无码国产免费网站| 国产老师的丝袜在线看| 97人人在线视频| 国语对白做受XXXXX在线中国| HEYZO高无码国产精品| 大象视频在线免费观看| asspics美女裸体chinese| 天天av天天翘天天综合网| jjizz全部免费看片| 好大好爽好舒服视频|