Saudi Arabia will host the third G20 Speakers’ Conference next year. Parliamentary leaders and delegates from 26 countries and unions that met for the final day of discussions for the conference on May 20 adopted a joint communique that addressed global issues. “We are very happy to be the next host of the speakers’ consultation, and we look forward to seeing you again next year. We will do our best to make the meeting as productive as it can be,” Chairman of the Shoura Council of Saudi Arabia Abdullah Al-Asheikh said while addressing the conference.
Having discussed the final topic of cooperation for shared growth in the post-financial crisis period, the delegates agreed on the importance of sustainable development and experience sharing. Calling on parliamentarians for added efforts for world peace and security in collaboration with their respective governments, Al-Asheikh said the Seoul meeting was an extension of the first conference of the Parliament speakers in Ottawa last year.
The Shoura chairman noted that the global economic crisis revealed the weak spots in globalisation, particularly the problems in the area of financial supervision that led to the escalation of the crisis at a rapid pace.