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September 8th

People’s G20 Response Preparation Committee, South Korea Newsletter July, 2010

Original Publication Date: 
1 July, 2010

Dear Colleagues,
The fifth G20 Summit will be held in Seoul on November 11th to 12th. This meeting has grave consequences for the people of Korea and the entire world. The G20 has appointed itself the principal body responsible for finding a solution to the global economic crisis and managing the world economy. Yet it excludes the majority of poor and developing nations from decision-making. It also seeks to make common people shoulder the burden of the crisis and to promote neoliberal policies, which have already created vast poverty and increased inequality. In addition, the South Korean government is using the upcoming summit as an excuse to severely restrict democratic rights and carry out a crackdown on migrants, street vendors and homeless people.