G20 summit in Cannes 2011

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The 2011 G20 summit in Cannes was the sixth meeting of the heads of government / heads of state of the group of the twenty most important industrialized and emerging countries .

The G20 forum is the way for the G20 economies to discuss, plan and monitor international economic cooperation. While the summit made little progress in resolving the eurozone crisis and providing concrete measures to address global financial imbalances, it did produce some tangible results, including the adoption of the Cannes Action Plan for Growth and Jobs, the launch of the Agricultural Market Information system. (AMIS) and the approval of an Action Plan on Food Price Volatility and Agriculture.

priorities

France put agriculture and food security at the heart of the G20 priorities. Around this broad theme, the Summit's priorities were divided into six areas:

  1. Reform of the international monetary system .
  2. Strengthening financial regulation, especially in non-bank financial firms and non-bank financial institutions, as well as the regulation of financial market integrity and transparency.
  3. Reducing excessive volatility in commodity prices and improving food security.
  4. Promoting employment and strengthening the social dimension of globalization.
  5. Fight against corruption, e.g. B. by ensuring that the Anti-Corruption Action Plan adopted at the G20 in Seoul in 2010 brings tangible results and real progress from 2011 onwards.
  6. Supporting infrastructure development and improving food security in the weakest countries.

Results

The summit took place in the aftermath of the 2007-08 financial crisis and in the midst of the nascent eurozone crisis. Against this background, the results of the summit can be seen as insufficient to find clear solutions for restoring and strengthening the world economy.

However, the summit resulted in a number of initiatives, mainly in the fields of agriculture and food security. Mainly the introduction of the Agricultural Market Information System. (AMIS) and the approval of an Action Plan on Food Price Volatility and Agriculture are concrete steps in addressing the global agriculture and food challenge. The G20 summit also commissioned the GEO Global Agricultural Monitoring (GEOGLAM) initiative to create and disseminate improved forecasts of agricultural production through the use of earth observations .

Attendees

Heads of State and Government of the G20 countries at the summit in Cannes.
Nicolas Sarkozy welcomes Barack Obama to the G20 meeting in Cannes, France, on November 3, 2011.

In addition, various international organizations and their presidents, general directors or secretaries took part in the meeting.

Protests

At the summit, protesters put on Robin Hood caps and called for a tax on international financial transactions to aid poor countries instead of serving banks and other financial institutions. They also shouted slogans against "corporate greed" and supported a G20 counter-summit, "People First, Not Finance" organized by unions and NGOs such as Greenpeace and Oxfam . The riot police and helicopters limited the range of the protests to an area to the east of Nice, where both the alternative summit and the protests were to take place. Security has been tightened in both Cannes and Nice, with 12,000 police officers deployed. In both Cannes and Nice, security measures were tightened and 12,000 police officers were deployed.

Web links

Individual evidence

  1. ↑ Wayback Machine. November 7, 2010, accessed April 22, 2020 .
  2. ^ G20 summit ends with little progress (SETimes.com). November 5, 2011, accessed April 22, 2020 .
  3. ↑ The IMF must heed G20 decisions | Kevin Gallagher | Business. In: theguardian.com. February 4, 2014, accessed April 22, 2020 .
  4. ↑ Cannes Summit Outcomes. Retrieved April 22, 2020 .
  5. ↑ G20 2011: Protests Ahead Of Summit In Cannes, France (PHOTOS). February 1, 2016, accessed April 22, 2020 .
  6. ↑ Anti-G20 protests confined to Nice as police seal off 'fortress Cannes'. In: The Guardian. October 1, 2013, accessed April 22, 2020 .