S Korea: To Invite Ethiopia, Malawi, Singapore, Spain, Vietnam To G-20 Summit

September 24, 2010

SEOUL -(Dow Jones)- South Korea, the host of this year’s second summit of Group of 20 leading nations, decided to invite non members Ethiopia, Malawi, Singapore, Spain and Vietnam to Seoul in November, the Presidential Committee for the G-20 summit said Friday.

Seven international organizations, including the International Monetary Fund and the World Bank, will also be invited to participate in the event, it said.

“Malawi and Ethiopia could be representatives of low-developed countries (to support) the development issue on the summit agenda, while Vietnam is also expected to advocate fast-growing, low-developed Asian countries,” Seoul’s sherpa for the meeting Rhee Chang-yong told reporters.

The announcement comes as sherpas of the 20 member nations recently agreed on principles for inviting non-member countries.

Singapore currently chairs the Global Governance Group and collects opinions from non-G-20 member nations. Spain is one of the world’s ten largest economies.