South Korean President Lee Myung-bak welcomes leaders from the group of countries participating in the G20 summit in Seoul. Leaders arrive one by one at the National Museum. They mingle, discussing both financial and casual matters before getting down to business.
The G20 heads -- representing advanced and emerging economies -- were expected to discuss global economic recovery and ways of defusing trade and currency tensions.
Hopes were high that the meeting could usher in a new world order with emerging economic powerhouses like China and India, but so far policymakers seem focused on avoiding damaging rows.
And behind the scenes, negotiators squabbled over the summit's closing statement. The final version of the statement to be released Friday may not venture far beyond agreements reached by G20 finance ministers just last month.
The G20 heads -- representing advanced and emerging economies -- were expected to discuss global economic recovery and ways of defusing trade and currency tensions.
Hopes were high that the meeting could usher in a new world order with emerging economic powerhouses like China and India, but so far policymakers seem focused on avoiding damaging rows.
And behind the scenes, negotiators squabbled over the summit's closing statement. The final version of the statement to be released Friday may not venture far beyond agreements reached by G20 finance ministers just last month.
