Meanwhile, China’s Vice Finance Minister Zhu Guangyou said on Saturday that events such as the attacks in Paris made it crucial for the world’s top economies to stand strong and enhance their solidarity when they meet at the G20 summit this weekend in Turkey.
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Prime Minster Narendra Modi will conclude his three day visit to the United Kingdom today after which he will leave for Turkey to participate in the G20 Summit.
Members of the G20 account for more than 85 per cent of the world’s economy and almost two-thirds of the world’s population.
In Antalya, Turkey, PM Modi will attend the 2-day G-20 Summit starting Sunday.
Previous year in Australia, each leader promised to take steps that by 2018 would boost global growth two percentage points above current projections. “Our inclusion of issues of Iraq and Syria to the G-20 agenda is not against the primary objectives of the platform”, Erdogan told a business meeting in the capital Ankara. But it would be a key topic in bilateral meetings on the sidelines, officials said.
“As the G-20 leaders gather, they will have on their minds heartbreaking images of displaced people fleeing countries gripped by armed conflict and economic distress”, Christine Lagarde, head of the global Monetary Fund (IMF), wrote in a blog.
Among joining leaders are U.S. President Barack Obama, Russian President Vladimir Putin, Chinese President Xi Jinpingi Saudi King Salman, French President François Hollande, German Chancellor Angela Merkel and British Prime Minister David Cameron. As of November, the United Nations humanitarian appeal for Syria’s refugee crisis is only 50% funded.
The glitzy five-star venue may seem far from the tragedy of the conflict that has left over a quarter of a million people dead, but the border with Turkey’s conflict-torn neighbor is just 600 kilometers (370 miles) away.
In recent months, Amnesty worldwide has documented the abject failure of several G20 governments to respond to the global refugee crisis, most recently publishing damning evidence that officials from last year’s G20 host, Australia, may have paid bribes to smugglers to turn ships with refugees away from its shores. Turkey will then hand over the term presidency to China. However, Ankara’s policy in Egypt backfired as many within Egypt, even those who supported ousting the dictator Hosni Mubarak, saw Ankara as interfering in internal affairs.
As little as a few weeks ago, Erdogan’s standing in Turkish politics was in doubt following a June election in which his party lost the parliamentary majority it had enjoyed for 13 years. Turkey, which is hosting 2.2 million refugees from Syria, wants a concrete financial aid package from Europe in return for stemming the flow of migrants setting out from its shores to Europe.
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Speaking at a summit in Malta on Thursday, European Council President Donald Tusk said: “We all agreed that the EU side will do what it takes to achieve this while expecting the Turkish side to play its part”.
