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S. Korea named to lead G-20 green growth drive: officials
Date
2012.01.16
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South Korea has been named the chair of a working group committed to leading discussion on green growth among the Group of 20 advanced and emerging countries (G-20) in 2012, officials here said Monday.

"Recently, Mexico, the chair of the G-20, asked our government to spearhead its green growth working group and we accepted the request," a government official said on condition of anonymity.

The chair of the G-20 working group will be in charge of ironing out differences among member countries on green growth and leading related research activity, he said.

The Seoul government seeks to ask the Organization for Economic Cooperation and Development to carry out related research on green growth and consult the results with other member countries later, he said.

South Korea is also highly likely to lead another G-20 working group on the development agenda this year at the request of Mexico. It could lead the group jointly with a few other member countries, sources said.

The development agenda focuses mainly on finding ways to boost growth for less developed countries. South Korea has been leading diverse cooperation projects related to the agenda with other members.

The move comes ahead of a meeting of vice finance ministers of the G-20 to be held in Mexico later this week. The gathering is intended to determine major agenda items to be discussed throughout the year.

South Korea served as the chair of G-20 meetings in 2010 and hosted a summit later in the same year. It has been leading efforts on green growth and development for poor countries.


Source Text

 

Source: Yonhap News (Jan. 16, 2012)

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