2011 G20 Cannes summit

The sixth meeting of the G20 heads of government/heads of state, was held in Cannes, France, from 3 to 6 November 2011. The topics of discussions were financial markets and the world economy."Legacies of the G20 Seoul Summit," Choson Ilbo (ROK). 13 November 2010; retrieved 13 February 2011

The G20 forum is the avenue for the G20 economies to discuss, plan and monitor international economic cooperation.Parliament (UK): Townsend, Ian. "G20 & the November 2010 Seoul summit" (SN/EP/5028) , 19 October 2010, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation" citing "Pittsburgh G20 Leaders’ summit communiqué," ¶50 September 29, 2009, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation. We have asked our representatives to report back at the next meeting with recommendations on how to maximize the effectiveness of our cooperation. We agreed to have a G-20 Summit in Canada in June 2010, and in Korea in November 2010. We expect to meet annually thereafter, and will meet in France in 2011. While the summit achieved little progress on resolving the Eurozone crisis and providing concrete measures to addressing 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 endorsement 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, it divided the priorities of the Summit into six areas: Reform the International Monetary System. Strengthen financial regulation, especially in non-banking financial institutions as well as regulation concerning financial market integrity and transparency. Reduce excessive commodity price volatility and enhance food security. Support employment and strengthen the social dimension of globalization. Fight corruption, for example by ensuring that the Anti-Corruption Action Plan adopted in the 2010 G20 Seoul summit will produce concrete results and real progress starting in 2011. Support infrastructure development and enhance food security in the most vulnerable countries.

Outcomes The Summit took place in the aftermath of the 2008 financial crisis and in the midst of the evolving Euro area crisis. Against this background, the outcomes of the Summit can be considered as insufficient in providing clear solutions for restoring and strengthening the global economy.

However, the Summit did result in a number of initiatives, most notably in the area of agriculture and food security. Especially the launch of the Agricultural Market Information System (AMIS) and the endorsement of an Action Plan on Food Price Volatility and Agriculture are tangible steps to addressing the world agriculture and food challenge. The G20 Summit also tasked the GEO Global Agricultural Monitoring (GEOGLAM) initiative to produce and disseminate improved forecasts of agricultural production through the use of earth observations.

Attendance

Attendance at the Cannes summit included leaders and representatives of the core members of the G20, which comprises 19 countries and the European Union which is represented by its two governing bodies, the European Council and the European Commission.Rieffel, Lex. "Regional Voices in Global Governance: Looking to 2010 (Part IV)," Brookings Institution (US). 27 March 2009, retrieved 2011-04-06; "G20 members," Government of Canada, retrieved 2011-04-06. Representatives of other nations and regional organizations were also invited to take part in the summit. State Represented by Title ArgentinaArgentina, G20/2011 official site; retrieved 12 February 2011 Cristina Fernández de Kirchner President AustraliaAustralia, G20/2011 official site; retrieved 12 February 2011 Julia Gillard Prime Minister BrazilBrazil, G20/2011 official site; retrieved 12 February 2011 Dilma Rousseff President CanadaCanada, G20/2011 official site; retrieved 12 February 2011 Stephen Harper Prime Minister ChinaChina, G20/2011 official site; retrieved 12 February 2011 Hu Jintao President FranceFrance, G20/2011 official site; retrieved 12 February 2011 Nicolas Sarkozy President GermanyGermany, G20/2011 official site; retrieved 12 February 2011 Angela Merkel Chancellor IndiaIndia, G20/2011 official site; retrieved 12 February 2011 Manmohan Singh Prime Minister IndonesiaIndonesia, G20/2011 official site; retrieved 12 February 2011 Susilo Bambang Yudhoyono President and the chair of ASEAN ItalyItaly, G20/2011 official site; retrieved 12 February 2011 Silvio Berlusconi Prime Minister JapanJapan, G20/2011 official site; retrieved 12 February 2011 Yoshihiko Noda Prime Minister MexicoMexico, G20/2011 official site; retrieved 12 February 2011 Felipe Calderón President RussiaRussia, G20/2011 official site; retrieved 12 February 2011. Dmitry Medvedev President Saudi ArabiaSaudi Arabia, G20/2011 official site; retrieved 12 February 2011 Ibrahim Abdulaziz Al-Assaf Minister of Finance South AfricaSouth Africa, G20/2011 official site; retrieved 12 February 2011 Jacob Zuma President South KoreaSouth Korea, G20/2011 official site; retrieved 12 February 2011 Lee Myung-bak President TurkeyTurkey, G20/2011 official site; retrieved 12 February 2011 Recep Tayyip Erdoğan Prime Minister United KingdomUnited Kingdom, G20/2011 official site; retrieved 12 February 2011 David Cameron Prime Minister United StatesG20/2011 official site; retrieved 12 February 2011 Barack Obama President European CommissionEuropean Commission, G20/2011 official site ; retrieved 12 February 2011. José Manuel Barroso-- projected co-leader of delegation President European Council Herman Van Rompuy PresidentInvited states State Represented by Title Equatorial Guinea Teodoro Obiang Nguema Mbasogo -- projected leader of delegation President EthiopiaSecretariat General of the French Presidency of the G20 and G8, Invitation to Non-Members of the G20 to the G20 Summit of Cannes on November 3 and 4, 2011," 12 February 2011; retrieved 12 February 2011 Meles Zenawi -- projected leader of delegation Prime Minister Singapore Lee Hsien Loong -- projected leader of delegation Prime Minister Spain José Luis Rodríguez Zapatero -- projected leader of delegation Prime Minister United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan Minister of Foreign AffairsInternational organisations Organisation Represented by Title African Union Teodoro Obiang Nguema MbasogoChairman Basel Committee on Banking SupervisionG-20 , Home>Links>Institutional members ; retrieved 12 February 2011 Nout Wellink-- projected leader of delegation Chairman CCASG Sheikh Abdullah bin Zayed Al Nahyan -- projected leader of delegation European Central Bank Mario Draghi President Financial Stability Board Mark Carney Chairman Global Governance Group (3-G)Jessop-Kolesnikov, Sonia. "As G-8 Meets, Asian Leaders Seek a Bigger Role," New York Times (US). 25 May 2011; excerpt, The Global Governance Group, conceptualized in April 2009 at the 2009 G20 London summit meeting, includes 28 countries: Bahamas, Bahrain, Barbados, Botswana, Brunei, Chile, Costa Rica, Guatemala, Jamaica, Kuwait, Liechtenstein, Malaysia, Monaco, Montenegro, New Zealand, Panama, Peru, Philippines, Qatar, Rwanda, San Marino, Senegal, Singapore, Slovenia, Switzerland, United Arab Emirates, Uruguay and Vietnam"; retrieved 2011-05-26 Sellapan Ramanathan -- projected leader of delegation International Labour OrganizationG20-G8 France 2011, English>What is the G20?>Who are its members?; retrieved 13 February 2011 Juan Somavía -- projected leader of delegation Director-General International Monetary Fund Christine LagardeFontevecchia, Augustino. "IMF Appoints Lagarde To Fix A Disgraced Institution," Forbes (US). 28 June 2011./ Managing Director NEPAD Armando Guebuza -- projected leader of delegation OECD José Ángel Gurría -- projected leader of delegation Secretary-General United Nations Ban Ki-moon Secretary General World Bank Group Robert Zoellick -- projected leader of delegation President World Trade Organization Pascal Lamy -- projected leader of delegation Director-General

Protests At the summit protesters donned Robin Hood caps and demanded a tax on international financial transactions in order to provide aid to poor countries instead of catering to banking and other financial institutions. They also chanted slogans in opposition to "corporate greed" and supported a counter-G20 summit, "People First, Not Finance", organised by labour unions and NGOs such as Greenpeace and Oxfam. Though police reported 5,500 were part of the protests, the organisers estimated the number of protesters at 12,000. The riot police and helicopters limited the scope of the protests to a neighbourhood in the east of Nice, which was to host the alternative summit as well as the protests. Both Cannes and Nice also tightened security, with 12,000 police personnel being deployed.

2011 G20 Cannes summit

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