Beijing-The Turkish Ambassador to China, Ali Ersoy, says the G20 Summit in Hangzhou, China will give fresh impetus to the recovery and growth of the world’s economy.
“As the premier global economic forum, the G20 should continue to demonstrate leadership against the challenges in the economy.
“The Hangzhou Summit will give fresh impetus to the world’s economic recovery and growth,” he said.
According to him, although the G20 was created in response to the global financial crisis, it is also a reflection of the need to form a strong, representative group to deal with global governance issues.
“G20 is a major global economic governing platform with broad representation, reflecting demands of emerging markets and developing countries as well.
“Leaders of G20 members should focus on making the G20 more relevant to other parts of the world such as low-income developing countries.”
The Turkish envoy explained that the regular engagement of the G20 with non-government sectors was immensely important.
He noted the addition of the non-government sectors to the list such as business (B20), civil society (C20), labour (L20), think tanks (T20), youth (Y20), and the Women-20 (W20).
The G20 Summit was centred on the three “I”s – Inclusiveness, Implementation, and Investment.
The Hangzhou Summit added “innovation” with its theme: “Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy”, steering the G20 mechanism to become a more effective forum for global governance of growth, trade and investment.
Speaking on the theme of Hangzhou Summit, Ersoy said that the theme was very relevant.
“An innovative, invigorated, interconnected and inclusive world economy cannot be built without the input of developing countries.
“Therefore, inclusiveness is immensely important. In fact, inclusiveness was one of the priorities of the Turkish Presidency which was very well received by G20 members and non-members alike last year.
“We are happy to see that China has chosen to keep inclusiveness as an important priority on the G20 agenda,” he said.
He said that inclusiveness needed to be supported by invigoration and innovation.