S Korean president to attend G20 summit in Washington

By Xinhua,

Seoul : South Korean President Lee Myung-bak has accepted U.S. President George W. Bush’s invitation to attend a summit of the Group of 20 major economies scheduled for mid-November in Washington, South Korea’s Presidential Office said Thursday.


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“The South Korean government sincerely welcomes the opening of the Group of 20 summit. President Lee received an invitation from President Bush during their telephone talks on Tuesday and will actively participate in the summit talks,” said presidential spokesman Lee Dong-kwan.

“President Lee has repeatedly stressed his opposition to protectionist trade policies in overcoming the financial crisis. At the Group of 20 summit, Lee will call for an overhaul of worldwide financial systems and their regulatory regimes, as well as a greater role for developing countries in overcoming the global crisis,” said the spokesman.

The U.S. government on Wednesday said that leaders of the Group of 20 nations, including South Korea, will get together in Washington on Nov. 15 to discuss the world financial market turmoil and seek measures against a long and deep economic downturn.

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