The Burbank Economic Summit is in full swing and Swiss President Sebastian Kurz has invited his fellow G20 leaders to attend.
In a speech to the G20 group in Bordeaux, Kurz said he is confident that Switzerland will be the #1 destination for G20 growth and employment in the world, and he also noted that he is also confident that the Swiss economy is set for sustained growth and prosperity.
“I think we are going to get a strong message from the G8 in that they have a clear commitment to a stable and sustainable growth and that they are ready to take that forward,” Kurz told the gathering.
“So they are going, at this stage, to the next level and we have a very good chance of getting there, and the G7 and the B5, which have all of their commitments, they are all going to follow the same path, we will be able to achieve the same growth and the same prosperity.”
“But we also need to understand that it is not just about that.
It is also about our security and prosperity,” Kurzel said.
The Swiss economy was the most important factor in Switzerland’s success in the G5s 2015 and G7s 2016 summit.
In the past, the BSE has been more concerned with the economic issues and concerns of the developing world than the issues of economic inequality, climate change and climate policy.
The leaders of the G-7 and B5 agreed on a number of policies to tackle climate change at the end of the last meeting in Paris, and Kurz and Xi Jinping also pledged to strengthen and deepen cooperation on climate change policy in the region.
In their speech to G20 members, Kurzman and Xi highlighted the importance of the Burbanks growth and jobs initiative, which is set to see over $1 billion of funding provided to the development sector over the next 10 years.
The B1G, in their statement, also said that the countries participating in the B1Gs 2030 summit are set to work together to promote the development of infrastructure, particularly the infrastructure of infrastructure that has already been built.
“The G-5 and the E-5 countries are committed to a stronger and more sustainable development in the area of infrastructure and we are confident that this will be reflected in the next round of the 2020-2021 G-20 Summit,” it said.
Kurz is also keen to secure a new deal for the global trading system, which he sees as critical for the future of the global economy.
“We have made it clear that the G1s G20, which started in June, is an opportunity to reach agreement on a new trading system that will guarantee the stability of global trade,” Kurzer said.