September 26, 2009

The G-20 leaders meeting in Pittsburgh, Pennsylvania, hosted by U.S. President Barack Obama, assessed the progress made addressing the global financial crisis and agreed to maintain steps to support economic activity until recovery is assured. They further committed to additional steps to ensure strong, sustainable, and balanced growth, build a stronger international financial system, reduce development imbalances, and modernize the architecture for international economic cooperation. The leaders designated the G-20 as the premier forum for international economic cooperation and agreed to have a G-20 Summit in Canada in June 2010, alongside the G-8 Summit, and in Seoul, Korea in November 2010. South Korea will chair the G-20 throughout 2010.

Read the Leaders’ Statement here.