|Japan and Mexico Strengthen Cooperation for G20 Summit|
|Written by Prensa Latina|
|Tuesday, 15 May 2012 08:46|
Tokyo.-Ministers of Finance of Japan and Mexico, Jose Antonio Meade and Jun Azumi, respectively, agreed today to strengthen cooperation for the G20 summit to be held next June in Mexico.
According to Japanese TV reports, the Mexican minister's visit to Japan intends to develop a joint plan of action to address the risks and threats of the global economy.
Meade thanked Japan for its commitment to increase the provision of additional funds to the International Monetary Fund, in order to prevent a crisis similar to that experienced in the Euro zone.
Meanwhile, Azumi reaffirmed Japan s commitment to the G-20 to maintain fiscal discipline and improve its accounts.
The group of 20 (G-20) is made up of the G-8, the European Union, Saudi Arabia, Argentina, Australia, Brazil, China, South Korea, India, Indonesia, Mexico, South Africa and Turkey, and was born in 1999 to encourage dialogue on economic growth and financial stability.