G20 London Summit

On 2 April 2009, world leaders from the G20 countries – representing 85% of the world’s output – met in London. They met against the backdrop of the worst international banking crisis in generations.
Building on the outcome of the Washington Summit in November 2008, the aims of the London summit were to bring together leaders of the world’s major economies and key international institutions to take the collective action necessary to stabilise the world economy and secure recovery and jobs.
The London Summit was chaired by UK Prime Minister Gordon Brown as the UK currently has the Chair for the G20 Finance Ministers meeting. A follow up to the London Summit is expected to be held in autumn 2009 after which the Chair of the G20 will pass to South Korea.