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Wednesday, 7 September 2016

Near universal consensus on meaninglessness of G20 Summit

G20 Summit offers little in the way of substance: Following the conclusion of the G20 Summit in Hangzhou, China, and the release of the final communique loaded with jargon, many are left wondering what, if any, detailed actions were agreed upon by world leaders, aside from the United States and China ratifying the Paris climate change agreement. Reuters, the Guardian, and several other media outlets took note of the lack of any “concrete steps” to achieve the summit’s aims to promote flagging global trade or its five stated themes: “policy coordination; innovative economic growth; financial and economic governance; trade and investment; and development.”

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