Mexico to Host G20 Leaders’ Summit in Los Cabos!

Mexico City, June 12, 2012

President Calderón issued a press statement on the G20 Summit to be held on 18 and 19 June 2012 in Los Cabos, Baja California Sur.
The president explained that the Summit is the most important leaders’ meeting to have been held in Mexico, which has maintained an ambitious international agenda. He then recapitulated the main fields in which Mexico has shown significant participation at the international level. He declared that, as host of the United Nations Conference on Climate Change, COP-16, Mexico demonstrated environmental leadership. In the commercial sphere, it has promoted openness to new international markets, as exemplified by Mexico’s signing of the Pacific Alliance, which will facilitate the access of Mexican products to Latin America and the Asia-Pacific region.
The president added that Mexico has also played a key role in international politics by promoting the creation of the Community of Latin American and Caribbean States (CELAC). In regard to security, international cooperation mechanisms have been strengthened to combat transnational organized crime and during the Summit of the Americas, the creation of a Hemispheric Scheme against Transnational Organized Crime was approved.
President Calderón added that through the G20 presidency, Mexico has confirmed its economic and political importance. Mexico will host the G20 Leaders’ Summit, the main forum of international economic coordination that brings together the world’s most important emerging and advanced economies. These economies account for over 80 per cent of the world GDP, 80 per cent of global trade and two thirds of the world population. The leaders of the United States, China, Japan, Germany, France, Brazil, the United Kingdom, Italy, Russia, Canada, India, Spain, Australia, Korea, Indonesia, Turkey, Argentina, South Africa, Colombia, Chile, Ethiopia, Benin and Cambodia will attend the Summit, during which they will discuss the main challenges of the global economy and define actions to restore economic stability and growth.
The issues Mexico will seek to promote include strengthening the international financial architecture and regulation; public policy options to determine the causes and reduce food price volatility; policies to promote green growth and greater investment in scientific and agricultural technology and research. He added that the Mexican G20 Presidency will maintain an inclusive approach, which will deal with the concerns of non-member countries of the Group and various actors in the private sector and civil society.
The president reported that together with the G20, the Business 20 (B20) meeting will be held at which the leaders and decision-makers of the world’s most important firms will discuss and submit proposals within the framework of the G20 issues.
The president declared that Mexico not only seeks to promote specific measures for dealing with the global economic emergency but also to draw up a development agenda with a long-term vision and lastly he fielded questions from the media.