G20 : An Accountable Agenda ? Summary of the Conference 4 June 2012

Briefing 20-06-2012

On 4 June 2012 the European Parliament (EP) discussed the G-20 summit to be held in Los Cabos in Mexico on 18-19 June 2012. The event was sponsored by the chairs of AFET, DEVE, ECON, INTA and ENVI , and was organised by the Project team on the G20. While stressing the need for greater democratic legitimacy of the G-20, the conference examined the priorities put forward by the Mexican Presidency, including economic governance issues to face the economic crisis. Ms Sandra FUNTES-BERAIN, Ambassador of Mexico to the EU, explained the views of the Mexican Presidency and the need to build an effective and efficient system of checks and balances in international economic governance. The EP conference was divided into two panels : the first underlining new challenges for economic governance and the second focusing on the economic, social and environmental preconditions for global growth and employment.