15 Apr '11, 2pm

G20 should focus on growth: SM Goh: BOAO, Hainan : With the shift in favour of emerging economies, an important

G20 should focus on growth: SM Goh: BOAO, Hainan : With the shift in favour of emerging economies, an important

BOAO, Hainan : With the shift in favour of emerging economies, an important role of the G20 is to make sure that this transition takes place without affecting global growth, said Singapore's Senior Minister Goh Chok Tong. Speaking at the Boao Forum in China, Mr Goh added that the G20 should stay away from political and strategic issues such as the current developments in the Middle East. He said it is too early and unnecessary to expand membership of the G20 because the premier international grouping is able to take into account most of the interests of the global community. But as emerging economies begin to play catch up, the G20 has a further role of ensuring a level playing field. Mr Goh said: "WTO has the legal powers to enforce certain rules that are being breached by some countries. So G20 exercises its political will, get WTO to conclude the Doha round, then it has...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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