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of 20 must have a political will to conclude the Doha Round. The ICC
has welcomed a decision to make the G20 the primary forum for
international economic cooperation. With member countries
representing 90 percent of global gross national product, the G20
has reflected the new distribution of economic power in today's
world, ICC said in a statement from Paris. On the fundamental issue
of the Doha round of trade negotiations, ICC was disappointed that
the G20 leaders did no more than repeating their previous
incantations calling for an "ambitious and balanced conclusion". ICC
said it was discouraged that the G20 leaders did not commit
themselves to an earlier target for the conclusion of the talks than
the end of 2010. "The G20 leaders need to spend more political capital
to push for a quick conclusion of the Doha Round," said Jean
Rozwadowski, ICC secretary general. "An agreement would send a shock
of confidence to governments and businesses around the world,
increasing the momentum towards restoring worldwide economic
growth." "ICC welcomes the stronger global governance and leadership
shown by the G20 and looks forward to increasing cooperation among
the world's major economics, which is vital to resolving the major
challenges facing mankind today," Rozwadowski added.
