World leaders raised the alarm over an escalating worldwide movement of “foreign terrorist fighters” in a draft statement drawn up Sunday at a summit in Turkey after the Paris assaults claimed by Islamic State jihadists. “These terrorist attacks that took place right before the G20 summit have once again pointed to the need for worldwide cooperation against terrorism”, said Ahmet Davutoglu, Turkish Prime Minister. China is taking the center stage of the G20 economy. “We donothave the luxury of overlooking factors ofstability”.
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They also praised Australia for its efforts in promising to resettle 12,000 refugees from the Syrian crisis.
United Nations Secretary General Ban Ki-moon echoed the call, but said the response against terrorism should be robust and within the rule of law. “We are more than ready to cooperate with our global friends to combat terrorism”.
Divergence, or even beggar-thy-neighbour policies, by major economies – such as the potential U.S. interest rate hike – might cause instability to smaller and vulnerable economies, said Wei Min, a researcher at the China Institute of worldwide Studies. “We have a number of failed states”. Syria is in this situation. “We havebeen closely feeling the impact of events in Syria since Day One”. Turkish officials say 3 million of those refugees have come to their country. China has adopted a proposal on formulating the 13th Five-Year Plan (2016-2020) on national economic and social development, which aims to build a “moderately prosperous society” and double its 2010 GDP and per capita income of both urban and rural residents by 2020, the president said. “Without agreeing on a resolution that can be accepted by all parts in Syria there can be no solution to problems in the region including terrorism”.
Zuma congratulated Erdogan on the success of the Turkish presidency of the G20 which had ensured that under Turkish leadership development was located at the centre of the G20 work.
The Turkish president warned Syrian President Bashar al-Assad would never have a role in his country’s future. Economic issues Regarding economic issuesG20 leaders committed to reduce youth unemployment andthe gap in women’s labor force participation in the world.
In a bid to increase youth employment, the G20 leaders agreed to the goal of reducing the share of young people who are most at risk of being permanently left behind in the labour market by 15 percent by 2025 in G20 countries.
Xi said that G20 countries should use a multi-pronged approach aimed at stabilizing economic growth in the short term, with an eye on the world economy over the long term.
“(This) underlines the importance of strengthening macroeconomic policy coordination and cooperation among G20 members to avoid negative spillovers and to achieve strong, sustainable and balanced growth”, the group said in a statement after the meeting.
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“Our top priority is timely and effective implementation of our growth strategies that include measures to support demand and structural reforms”.
