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G 20: White House expects broader agreement

Source: PTI
March 26, 2009 14:14 IST
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The White House Wednesday hoped that there will be broader agreement at the G-20 summit on how to handle the current economic crisis and get the world economy moving.

"I think the (US) President believes that what will come out of this will be broad agreement among the G-20 on the steps that we have to take to get our economy moving again," White House spokesman Robert Gibbs told reporters at his daily press briefing.

The upcoming G-20 Summit in London is the first major international exposure of Barack Obama as the US President, wherein he is likely to discuss with the leaders the ways and means to counter the global economic crisis.

In the past few weeks, Obama has met several world leaders and talked to many of them on this issue.

"The President looks forward to working in concert with the G-20 to get our economy moving again. I think what you'll see come out of this summit will be an agreement on further evaluating what efforts need to be taken to meet the drop in global demand," Gibbs said.

You'll see the President talk about -- and there will be some broad agreement on a changing of the rules of the road and financial regulation, he added.

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