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Page created 6th Apr 2009
G20 London summit delivers progress 6th April 2009
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Julian Ware-Lane, Labour's Parliamentary Candidate for Castle Point, welcomed the progress made at this week's London G20 summit.  The Leaders at the G20 agreed to: 

* Restore confidence, growth, and jobs: They committed to make available an additional $1.1 trillion programme of support to help the world economy through the crisis and to restore credit, growth and jobs. 

* Strengthen financial supervision and regulation: Leaders agreed to strengthen the financial system by putting in place a better and more credible system of surveillance and regulation

* Fund and reform our international financial institutions to overcome this crisis and prevent future ones: Leaders agreed to make an additional $850 billion in resources available through international financial institutions like the IMF,

* Promote global trade and investment and reject protectionism to underpin prosperity: Leaders committed not to resort to protectionism

* Build an inclusive, green, and sustainable recovery:  Leaders reaffirmed their commitment to meeting the Millennium Development Goals and to delivering on development aid pledges 

Julian Ware-Lane said: 

"The economy is the number one topic in conversations I have with residents in Castle Point. It is an accepted worldwide issue that requires a worldwide solution – this is why the G20 summit is so important. 

"Jobs and businesses in Castle Point need protecting; the world leaders must work together to restore confidence, growth and jobs. 

"I welcome the successes secured this week. The London Summit brought together leaders of the world’s major economies and key international institutions.  They have agreed collective action necessary to stabilise the world economy and secure recovery and jobs."  

 

Julian Ware-Lane can be contacted on 07989 564743

Charles Willis, his agent, can be contacted on 07788 993377

 

Julian's campaign website:  http://warelane.wordpress.com/