UK envoy on G-20 hopes

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UK envoy on G-20 hopes

Britain hopes to cooperate at the upcoming Group of 20 summit in Seoul to help ensure the world doesn’t suffer another financial crisis, the top British envoy to Korea said yesterday.

“What we hope to get out of the G-20 is a series of agreements on some very important issues to make sure we don’t have another financial crisis like we did two, three years ago,” Ambassador Martin Uden told reporters at an embassy press event.

Seoul is to host the G-20 summit on Nov. 11-12, the first Asian country to do so.

Uden said the British are paying less attention to the venue of the meeting than to “issues about how to get the world financial system back on track,” in particular issues about currencies.

As envoy of a former host of a G-20 summit - London ran the summit in April 2009 - Uden said he was “100 percent confident” that South Korea would run the event “brilliantly.

“The most important thing about G-20 is to make sure that it works, that the leaders can come together and have a good forum in which they can discuss the issues of the day,” Uden said.

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