The G20 Finance Ministers Meeting will take place in Paris on February 18-19.
France, which currently chairs the G20, wants to push the world's largest industrialized and rapidly developing economies to examine ways to curb excessive exchange rate swings and the economic imbalances they create.
French Finance Minister Christine Lagarde will also urge tighter regulation of commodity derivatives and new international mechanisms to reduce fluctuations in the price of wheat and other commodities.
The ministers and bank gouvernors will meet at Bercy, the head office of the french finance ministry. The G20 finance meeting will be an opportunity for france to initiate its presidence which will end the on 3rd and 4th November with the Cannes summit.
The G20 was founded in 1999 following the Asian financial crisis as a forum to help coordinate responses to international economic crises, particularly in emerging markets which were not represented by the G7.
France holds the Presidency of the G-20. In financial matters, French Presidency priorities include the need to work to reform the monetary system and strengthen international financial networks. It also include the need to secure for countries facing the volatility of international capital, the expansion of financial regulation.
Moreover the Banking and integrity of markets and regulation products from raw materials,and the fight against jurisdictions do not cooperatives will be also subjects to be treated.
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