Key outcomes from past G20 leaders summits
PREVIOUS G20 LEADERS' SUMMITS AND THEIR KEY OUTCOMES
2008 WASHINGTON DC, USA: Financial regulation; action plan on global financial crisis; moves to resist trade protectionism; commitment to Doha trade talks round.
2009 LONDON, UK: Fiscal and monetary stimulus to avert threat of GFC; extra resources for IMF and development banks to assist countries battered by GFC; Financial Stability Board established.
2009 PITTSBURGH, USA: Framework for strong, sustainable and balanced growth and a process for keeping tabs on action; steps to address too-big-to-fail banks; reforms of the IMF and World Bank.
2010 TORONTO, CANADA: Fiscal consolidation; aim to halve deficits by 2013 and stabilise or reduce sovereign debt ratios by 2016; started work on new global regime to supervise bank capital and liquidity; $US350 billion in pledges to shore up development banks and institutional reforms.
2010 SEOUL, SOUTH KOREA: Started new guidelines to address large current account imbalances; agreement on so-called Basel III plan to strengthen oversight of global financial system; IMF quota and governance reform; started G20 development agenda to address global poverty.
2011 CANNES, FRANCE: Each country committed to action plans for growth and jobs; commitment to ensure IMF and European Financial Stability Facility resources are adequate; strengthening of regulation of "shadow banking activities" and action plan to improve bond markets; action plan on food price volatility and agriculture.
2012 LOS CABOS, MEXICO: Further commitments by each country to growth and jobs; $US456 billion in extra resources for IMF and implementation of 2010 IMF reforms; commitment to further WTO Doha round talks; progress on G20 development agenda.
2013 ST PETERSBURG, RUSSIA: Extended ban on new trade or investment protectionist measures to end of 2016; endorsed OECD action plan on addressing tax base erosion and profit shifting; more development commitments; Syria discussed.
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