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G20 leaders hammer out massive plan to tackle financial crisis, revive economy

 

French President Nicolas Sarkozy addresses a news conference after the Summit of the Group of 20 Countries (G20) on Financial Markets and World Economy at ExCel exhibition center in London, April 2. (Xinhua/Zeng Yi)
French President Nicolas Sarkozy addresses a news
conference after the Summit of the Group of 20
Countries (G20) on Financial Markets and World Economy
at ExCel exhibition center in London, April 2. 
(Xinhua/Zeng Yi)

South African President Kgalema Motlanthe, who country is the only representative in the G20, told reporters he was "quite pleased" with the meeting results, citing that the leaders had agreed to protect financing for developing countries and pledged to conclude talks on a new global trade deal.

For people around the world, what is important next is to see how words turn into action.

"These commitments made by G20 leaders must be translated into concrete action. With this unprecedented stimulus package I am quite confident that we will be able to overcome this economic crisis," said UN Secretary-General Ban Ki-moon after the meeting.

According to Brown, the G20 leaders are scheduled to meet again before the end of this year to review progress on their commitments.

 

Editor:Zhang Pengfei

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