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High Commission of Republic of Rwanda Republic of Uganda

President Kagame in Buenos Aires for G20 Leaders’ Summit



 

 

 

 

 

 

 

Buenos Aires, 30 November 2018 - President Kagame arrived in Buenos Aires, Argentina at the invitation of President Mauricio Macri to participate in the G20 Leaders’ Summit. Over two days, heads of State and Government from the world’s leading economies addressed pressing issues on the global agenda.  Held under the theme ‘Building Consensus for Fair and Sustainable Development, the summit brings together 19 countries and the EU. Also in attendance are countries chairing key regional groupings like AU (Rwanda), ASEAN (Singapore), NEPAD (Senegal) and CARICOM (Jamaica).

On Friday 30 November 2018, President Kagame delivered remarks, in his capacity as African Union Chairperson, during a work session titled ‘Putting People First’ at the Official Opening of the G20Summit. The session aimed at discussing global economy, the future of work and women’s empowerment.

He told the G20 Summit that Africa, as the reservoir of global economic opportunity in the coming decades, needs to increase its participation in global value chains and ensure that her people receive their rightful share of the benefits.

President Kagame reiterated that have been the title of this session is apt: Putting People First. Around the world, citizens expressing a sense of being left behind by political processes.

“Africa is the reservoir of global economic opportunity in the coming decades. We have the fastest-growing cities, the most youthful population, and many of the highest-growth economies,” president Kagame said.

President Kagame cited major continental integration milestones achieved this year that will have a multiplier effect on these strong fundamentals. These include the African Continental Free Trade Area, the Protocol on the Free Movement of Persons, and the Single African Air Transport Market.

“To take full advantage, Africa needs to increase its participation in global value chains, ensuring of course that our people receive their rightful share of the benefits. Africa therefore looks forward to working more closely with partners in the G20 to reinforce the pillars of the African Union’s Agenda 2063, alongside the Sustainable Development Goals. In that context, I would like to put forward the idea that a standing role for the African Union Commission in the G20 configuration would strengthen coordination in important ways, including on international financial governance” President Kagame said.

President also held a meeting with President Cyril Ramaphosa of South Africa ahead of the summit and attended the G20 Summit dinner and cultural performance hosted by Argentinian President Mauricio Macri and First Lady Juliana Awada in honour of visiting Heads of State and Government and spouses at the Teatro Colón in Buenos Aires.

Major key priorities of the African continent highlighted at the forum include: increase continent’s level of engagement with the G20, strengthen G20’s commitments to Africa’s Agenda 2063 and a greater integration of African economies in the global economy.

President Kagame also held a tripartite meeting ahead of the summit with President Cyril Ramaphosa of South Africa and President Macky Sall of Senegal as the Chair of the NEPAD Heads of State and Government Orientation Committee.

Rwandan and Argentinian Ministers of Foreign Affairs signed a cooperation agreement at the G20 MOFA meeting in May in Buenos Aires.

About the G20

The Group of Twenty (G20) is a leading forum of the world's major economies that seeks to develop global policies to address today’s most pressing challenges. The G20 is made up of 19 countries and the European Union. The 19 countries are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States.

The G20 was born out of a meeting of G7 finance ministers and central bank governors in 1999 who saw a need for a more inclusive body with broader representation to have a stronger impact on addressing the world’s financial challenges. The G7 invited leading markets – both developed and emerging – to form a new ministerial-level forum: the G20.

In 2008, amidst the global financial crisis, the world saw a need for new consensus-building at the highest political level. Since then, the G20 summits have been attended by heads of State or Government, and the G20 was instrumental in stabilizing the world economy. Since then, its agenda has expanded to include additional issues affecting financial markets, trade and development.

G20 policy-making is enriched by the participation of key international organizations regularly invited to G20 meetings, guest countries invited at the president's discretion and engagement groups composed of different sectors and the civil society.



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