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S Korea to host world financial meeting ahead of G-20 summit

South Korea will host a world financial meeting ahead of a G-20 summit later this year as part of its efforts to help promote global financial stability, the country"s financial regulator has said. - Footballers granted bail in SpiceJet airhostess case - Can the ghost scare bentley? - Cadbury rejects Kraft takeover bid - Aluminium demand may rise in 2010 - Rolls Royce rolls out Ghost - Who"ll ride the Ghost? South Korea received the nod to hold a Financial Stability Board (FSB) meeting before a G-20 summit to be held in its capital Seoul in November, the Financial Services Commission (FSC) said in a news release yesterday. The approval came during an FSB meeting in Basel, Switzerland on Saturday, it said. During the Basel meeting, FSC Governor Chin Dong-soo also proposed possible agenda items to be put on the negotiating table for the G-20 gathering, it said. "The Financial Stability Board meeting in Seoul will help the country lead international efforts to reform financial regulations and set up common standards for financial reforms as a G-20 host nation," the news release said. Launched after the summit of the group of 20 major industrialised and emerging economies in London in April last year, the FSB succeeded the Financial Stability Forum which were centered around the G-7 major industrialised countries. The new body expanded its membership to G-20 economies. The G-20 consists of the G-7 (Britain, Canada, France, Germany, Italy, Japan and the United States) plus Argentina, Australia, Brazil, China, India, Indonesia, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey and the European Union.

Payday loans commented:

G-20 summit is an important event its good that south korea is hosting will have to see how it will go .

23.07.2011

Payday loans with bad credit commented:

Good to know that south korea is hosting the event now have to see that how it all will take place

23.08.2011

car rental Singapore commented:

This will be an interesting meet hope some good things will be come out of it

26.09.2011

Business Network Asia commented:

It is good to see that South Korea is hosting this financial meeting as well. I hope it would have good result in near future. Thanks for the post.

16.03.2012


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