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Park discusses economic resilience with world leaders

Nov. 16, 2015 - 17:41 By KH디지털2
President Park Geun-hye met with leaders of the United States and other major countries on Monday to discuss how to strengthen the resilience of the world economy on the second day of the G-20 summit in Turkey.

Park plans to call for a faithful implementation of measures to cope with offshore tax evasion, Cheong Wa Dae, South Korea's presidential office, said ahead of the summit.

The measures are set to be adopted on the second and last day of the G-20 summit in the Mediterranean resort city of Antalya later in the day.

The Group of 20 advanced and emerging economies is the world's premier forum on economic issues, but terrorism and the refugee crisis were also high on the agenda at the summit following the deadly terror attacks in Paris.

On Sunday, Park pledged to closely cooperate with France and other major powers to root out terrorism, condemning it as a "cancer" that undermines the peace and security of the world.

"No one is in the safe zone anymore from" violent extremism such as ISIL, Park said late Sunday in a session on terrorism and the refugee crisis on the first day of the G-20 summit.

Park was referring to the Islamic State extremist group, which claimed responsibility for the attacks in Paris that killed more than 120 people.

Park also said South Korea will help strengthen laws of each country to cut off financing of terrorism.

Currently, South Korea is the chair of the Financial Action Task Force, an inter-governmental policymaking body that sets standards and promotes the implementation of legal and regulatory measures against money laundering and financing of terrorism.

Park also called for a quick political solution to resolve instabilities in countries in transition such as Syria and Libya, saying the refugee crisis in Syria poses serious humanitarian challenges.

"South Korea will expand humanitarian assistance to countries that accept refugees," to help resolve refugee crisis, Park said, without elaborating.

In a separate session, Park asked the world leaders to narrow differences on a new deal to combat climate change, according to Cheong Wa Dae.

France is set to host a crucial U.N. Climate Change Conference later this month to try to produce a new legally binding deal to cut greenhouse gas emissions that scientists say are to blame for global warming.

The deal is set to be applicable to all countries and seeks to keep global warming below 2 degrees Celsius.

In June, South Korea offered to cut greenhouse gas emissions by 37 percent by 2030 from 850.6 million tons of carbon dioxide equivalents, an amount Seoul says it would reach if it lets business run as usual. (Yonhap)