Today, at the Seoul Summit, G-20 issued a statement that includes principles on development and a comprehensive multi-year Plan of Action for future G-20 engagement.  The G20’s plan includes actions on infrastructure, trade, human resource development, private sector investment and…

Today at the Seoul Summit, G-20 Leaders re-affirmed their commitment to the groundbreaking decision taken at the Pittsburgh G-20 Summit in 2009 to phase out fossil fuel subsidies in the medium term.  They recognized the substantial progress that has already…

Today, the President joined other G-20 leaders in releasing a comprehensive Action Plan to strengthen anti-corruption efforts worldwide.  With this initiative, the G-20 signaled its commitment to fighting corruption in the public and private sectors and ensuring that corrupt officials…

In July, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, an historic financial reform bill, and one consistent with the key priorities that he laid out a year ago.  The bill puts the U.S. at the…

At the Pittsburgh Summit, President Obama led the G-20 in calling for enhancing the role of dynamic emerging market and developing countries in the International Monetary Fund (IMF).  In response to that call, today in Seoul G-20 Leaders agreed to…

G-20 Leaders today launched the Seoul Action Plan, outlining their commitment to pursue the policies needed to deliver a strong, durable recovery that is not weakened by return to past imbalances.  Unleashing domestic demand in surplus countries can support strong…

Today, President Obama, in partnership with Canada, the Republic of Korea, and the multilateral development banks, launched a global framework for financing the winning proposals of the G-20 SME Finance Challenge and other successful models.  This framework provides a vehicle…

On behalf of the United States, I congratulate the people of the United Republic of Tanzania on your recent national election and your continued commitment to a tradition of multiparty contests begun in 1992.  I look forward to working with…

The Vice President spoke today with Iraqi Council of Representatives Speaker Osama al-Nujayfi to congratulate him on his election to his new position and to welcome the strong participation of Iraqiyya in the new government.

Today, on the occasion of their meeting at the Yokohama APEC Economic Leaders Meeting, President Obama and Prime Minister Kan launched the following new initiatives. The Energy-Smart Communities Initiative (ESCI) to support the energy-efficient buildings, transport, and electric power grids…