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T20 Agenda in Chinese Presidency06/09/2016 “Building New Global Relationships: New Dynamics, New Vitality, New Prospects” This year’s T20 Summit held in Beijing on July 29-30, 2016 brought together more than 500 experts from twenty-five G20 and non-G20 countries. Participants discussed policy options to provide input to the G20’s strong, sustainable and balanced global economy agenda ahead of the leaders’ summit in Hangzhou on September 4-5, 2016. At the Summit, Director of TEPAV Multilateral Trade Studies Center Bozkurt Aran, Director of TEPAV G20 Studies Center Sait Akman and TEPAV Policy Analyst Feride Inan provided recommendations on further developing the G20 agenda and on the implementation of previous G20 commitments. The T20 summit titled “Building New Global Relationships: New Dynamics, New Vitality, New Prospects” covered a broad range of areas that were organized under six panels on improving the global governance system and capacity building, strengthening links between global growth and sustainable development strategies, enhancing coordination between regional trade agreements and the multilateral trade system, promoting South-North cooperation, South-South cooperation and global economic governance and increasing G20’s cooperation with international organizations. Two high-level dialogue meetings were held on “Strengthening global macroeconomic policy coordination” and “Expectations for the 2016 G20 Hangzhou Summit.” The “T20 Innovation Forum: Towards a Collaborative, Inclusive and Dynamic Global Innovation Environment’’ was held alongside the T20 summit with a focus on promoting international cooperation to build an innovation driven world economy, to boost potential growth and job creation as well as to tackle global developmental challenges. In his keynote remarks at the opening ceremony TEPAV Managing Director Guven Sak, who joined the “T20 Innovation Forum” via video Speaking at the panel At the panel on ‘Strengthening the coordination between regional trade agreements and the multilateral trade system’, moderated by TEPAV G20 Studies Center Director Sait Akman, participants discussed the impact of regional trade agreements (RTAs) on the multilateral trading system and provided their views on how RTAs can be addressed to ensure balanced distribution of global resources. In his summary remarks A set of recommendation were drawn out that are organized under four main headings: Increasing the Potential of Global Economic Growth; Improving Global Financial Governance; Facilitation of International Trade and Investment Cooperation; and Promoting Sustainable Development. These are expected to provide input into the G20 Leaders’ summit in Hangzhou on September 4-5. |