
The High-level Consultation on the G20 Cannes Summit: Perspectives from Asia-Pacific has been convened by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) to provide a platform for
countries in the region to coordinate their voice and for developing countries, including the least developed countries, to raise their priorities in respect to the global economy and the initiatives led by the G20.
The consultation will focus on economic and social priorities of developing countries in the region, including commodity prices volatility, food security and reform of the international monetary and financial system.
A statement will be issued by the Consultation on October 12, setting out broad principles and concrete policy recommendations from the region to be communicated to the G20 chair.
Dr. Noeleen Heyzer, under-Secretary-General of the United Nations and executive secretary of ESCAP will open the meeting. Other speakers ministers and officials from Maldives, Timor-Leste, Sri Lanka and Kazakhstan.
Representatives of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G24) and the United Nations Conference on Trade and Development (UNCTAD) will also attend along with
ESCAP experts.
Set up in the wake of the Asian financial crisis in the late 1990s, the G20 brings together developed and key developing nations on key issues relating to global economic stability. The current G20 French presidency has
highlighted international monetary and financial system reform, combating commodity price volatility, improved food security and strengthening the social dimensions of globalisation as among G20 priorities.