The G20 Seoul summit took place in 2010 and marks as the fifth meeting of the G20 leaders of the state government. The main objectives that revolve around the 2010 G20 Seoul Summit are focusing on the global financial issues and system, as well as the global economy. The G20 meeting was held from 11th to 12th November of 2010 in Seoul, South Korea. Furthermore, Korea was also the first nation not part of the G-8 political forum to host a gathering for the G20 leaders summit. The theme that was presented at the summit was “Shared Growth Beyond Crisis.
The agendas that follow during the summit included various policy issues that contributed to long and mid-term effects. This includes development issues, global economic recovery, framework improvements for better, sustainable, stronger global economic growth, currency war risk, so on and so forth.
Those who participated in the 2010 G20 Seoul Summit included leaders and the representatives of the G20 core member, which is made up of 19 countries, including the European Union. Unfortunately, South Korea did not extend an invitation to the Netherlands, who have previously attended all of the four G20 summits. This is due to the Netherlands being “over-represented”. As an Asian summit, Korea has also invited Singapore. Moreover, this was also the first G20 summit to have four female leaders to participate.
Dr. Sakong II became the committee for the G20 Summit Coordination and played a critical role in the summit’s success. Sakong took leadership since the launch of the G20 Seoul Summit committee to travel the world as an envoy to President Lee in order to persuade the participants of the G20 Summit to cast their vote to South Korea.