G-20 ministers meet world business leaders in Ankara

Hacer Boyacıoğlu - ANKARA

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Top officials from the world’s major 20 economies (G-20) and global business leaders have agreed on the latter’s 19-item list of demands to solve problems in the world economy, upon a meeting in Ankara attended by treasury ministers, central bank heads from the G-20 countries and business leaders from the international business community, daily Hürriyet reported on Sept. 6.

Representatives of the world business community expressed their demands from economy leaders from the G-20 countries, among which were the approval and implementation of a trade agreement by the World Trade Organization (WTO) and the usage of financial means to more efficiently minimize risks in providing credit to small and medium-sized enterprises (SMEs).

B-20 Turkey head Rifat Hisarcıklıoğlu elaborated on the business leaders’ demands and said negotiation talks were held between business people, ministers, and central bank heads from the G-20 countries, yielding positive reaction from economy administrations from major economies. 

The meeting publicly known as B-20 – the meeting on the fate of global business attended by world business leaders as part of the G-20 Summit - was hosted by Deputy Prime Minister Cevdet Yılmaz, while Deputy Prime Minister Ali Babacan also attended.

Among the attendees were International Monetary Fund (IMF) Managing Director Christine Lagarde, World Bank President Jim Yong Kim and Organisation for Economic Co-operation and Development (OECD) Secretary-General Angel Gurría.