March 27, 2020 13:44
G20 leaders held a video conference on Thursday night to discuss how to cooperate in fighting the coronavirus pandemic.
Participants included President Moon Jae-in, U.S. President Donald Trump, Chinese President Xi Jinping, and Japanese Prime Minister Shinzo Abe, as well as invitees such as the leaders of Spain, Singapore, Jordan, Switzerland, Vietnam, the UAE and Senegal.
In a statement after the conference, the leaders pledged to jointly fight the pandemic "to restore confidence, preserve financial stability, revive growth and recover stronger and minimize disruptions to trade and global supply chains."
The main topic of discussion was quarantine efforts and cooperation in public health to prevent the further spread of COVID-19. The leaders agreed to work out detailed ways to cooperate so that the pandemic does not completely stifle international trade.
In his allotted three-minute slot, Moon said Korea has managed the situation by taking "preemptive and transparent quarantine measures" and that it conducted "an overwhelming number of tests, and... meticulously tracked down transmission pathways," according to Cheong Wa Dae.
He added that Korea has implemented "bold expansionary macroeconomic policies and financial stabilization measures" worth a total of W132 trillion (US$1=W1,229).
He also urged his fellow leaders to seek ways of allowing the movement of essential people such as scientists and businesspeople in a way that does not interfere with quarantine efforts in individual countries.
Cheong Wa Dae repeatedly stressed that the video conference was held at Moon's suggestion.
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