Deputy fin ministers of G-20 conclude agenda-setting meeting

Deputy finance ministers and senior central bank officials from G-20 nations closed two days of meetings in South Korea after discussing reforms in the global financial regulatory framework and other key issues to set the agenda for the upcoming G-20 economic summit to be held here in November, officials said.

During the two-day meeting, which opened on Saturday in Gwangju, 330 kilometers south of Seoul, the delegates also agreed on holding more talks to iron out differences on some issues such as readjusting representation on the International Monetary Fund's (IMF) executive board, they said.

"The G-20 meeting of deputy finance and central bank officials this time was the first of a series to set the agenda and schedule for the upcoming Seoul summit," said an official at the finance ministry.
    
"The meeting was not designed to produce any tangible results. Participants exchanged views on various issues." They are set to hold another meeting in Washington next month.
    
South Korea will host the November 11-12 summit of G20 leaders in Seoul. Finance ministers and central bank chiefs from the G-20 nations are set to meet in the country's southeastern city of Gyeongju on Oct.
    
22-23 to finalize the agenda and schedule for the Seoul summit.