CANNES SUMMIT FINAL DECLARATION
“BUILDING OUR COMMON FUTURE: RENEWED COLLECTIVE ACTION FOR THE BENEFIT OF ALL”
DRAFT (AS OF 4 TH NOV 2011)
1. Since our last meeting, global recovery has weakened, particularly in advanced countries,
leaving unemployment at unacceptable levels. Tensions in the financial markets have increased due mostly to sovereign risks in Europe. Signs of vulnerabilities are appearing in emerging markets. Increased commodity prices have harmed growth and hit the most vulnerable. Exchange rate volatility creates a risk to growth and financial stability. Global imbalances persist. Today, we reaffirm our commitment to work together and we have taken decisions to reinvigorate economic growth, create jobs, ensure financial stability, promote social inclusion and make globalization serve the needs of our people.
Key Points :
A global strategy for growth and jobs
Fostering Employment and Social Protection
Building a more stable and resilient International Monetary System
Implementing and deepening Financial sector reform
Addressing Food Price Volatility and Increasing Agriculture Production and
Productivity
Improving the functioning of Energy Market
Protecting Marine Environment
Fostering Clean energy, Green Growth and Sustainable Development
Pursuing the Fight against Climate Change
Avoiding protectionism and reinforcing the Multilateral Trading System
Development: Investing for Global Growth
Intensifying our Fight against Corruption
Governance
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