Obama, Sarkozy discuss G20 summit

(Agencies)
Updated: 2009-03-26 11:11

PARIS -- France's presidential palace says President Nicolas Sarkozy and US President Barack Obama agree on the need for "ambitious goals" and "concrete results" at next week's summit on the global financial crisis.

This is a Friday, July 25, 2008 file photo of US Democratic presidential candidate Sen. Barack Obama, D-Ill, right, meeting France's President Nicolas Sarkozy, left, at the Elysee Palace, in Paris. [Agencies]

Related readings:  Obama demands G20 action, Brown touts for support  G20 puts cut-price Jamie on menu  China may offer IMF $100b during G20 summit: expert  Major IMF reforms seen at G20 summit

The Elysee Palace says the leaders spoke by phone about how the G-20 summit in London should define new international financial rules, increase economic governance and support global demand.

The palace also said in a statement Wednesday that Sarkozy and Obama plan a bilateral meeting at a NATO summit in Strasbourg, France and Kehl, Germany on April 3-4.

The April 2 London summit brings together the Group of 20 countries, rich nations and important developing ones that together account for more than 80 percent of the world economy.

China Effort

• New loan companies offer help to small enterprises
• Auditor vows to closely monitor stimulus projects
• Diplomat urges mutual trust to better China-EU ties
• Flexibility signaled on trade talks
• China boosts domestic demand, spurs growth to fight crisis
• more

Global Action

• British FM: G20 needs more than empty words
• UN urges G20 to back $1t aid for poor nations
• EU leaders agree to lend 75 billion euros to IMF
• Obama calls for global action amid crisis
• IMF says clean up banks to tackle dire world crisis
• more

Related Coverage

• Hu at G20 and APEC
• China Statistics
• 2009 NPC and CPPCC
• Chinese Economy
• World Financial Crisis
• more