Turkish State Minister & Deputy Premier Ali Babacan said that Turkey would host G-20 conference in the end of April or the beginning of May.
Speaking at a meeting in Kizilcahamam town of capital Ankara on Saturday, Babacan said that G-20 conference would be held together with G-20 term president France, adding that Turkey and France would co-chair the conference.
Babacan said that energy and food prices in the world would be discussed during the conference in Istanbul, adding that it would be an important conference in the aspects of participation and its global reflections.
The G-20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. To tackle the financial and economic crisis that spread across the globe in 2008, the G-20 members were called upon to further strengthen international cooperation. Accordingly, the G-20 summits have been held in Washington in 2008, in London and Pittsburgh in 2009, and in Toronto and Seoul in 2010.
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