Tuesday, September 6, 2016

WORLD LEADERS CONVENED IN THE CHINA'S CITY OF HANGZHOU FOR THE G20 ECONOMIC SUMMIT THAT HAS BEEN INTENDED FOR DISCUSSION OF WIDE RANGE SERIOUS TRADE AND ECONOMIC COOPERATION BETWEEN THE G20 MEMBERS AND THE COUNTRIES OF THE WORLD.



      World leaders convened in the China's city of Hangzhou since the last weekend for the G20 Economic Summit of the Year two thousand and sixteen which has been generally described as the biggest Summit of its type that focused on serious trade issues and economic cooperation between the World's major economies as the USA Russia China the European Union Countries Canada Britain Saudi Arabia South Africa Argentina and Brazil. The message of congratulation has been conveyed in the opening of the Summit to all the leaders of the G20 major countries and delegates of the participating countries from all the parts of this World by the host  leader and President of China Xi Jingping  who further emphasized the requirement for trade and economic cooperation between the major economies of the World for the intended economic growth of all the mentioned countries and for the benefit of all the citizens of the G20 countries that have discussed wide range trade and economic cooperation relationship and the current problems facing the member countries, particularly over Britain's exit from the European Union and the scheduled relocation of Eurozone Countries and the World's major financial and trade Center from the city of London to Frankfurt in  Germany. However, differences over the relocation of the World's financial and trade Center between the European Union Countries and the World's major economies has prevailed since Britain's exit from the European Union Countries Membership, specifically on the issue, or rather the dispute over the transfer of the financial and trade Center from the city of London to the city of Frankfurt in Germany, rather than to any of the suggested European Union Countries major cities, due to Frankfurt's relative small size, when compared to the city of London, despite Japan's request for faster decision on either the European Union government, or Britain's government for its scheduled relocation of financial and trade activities from the city of London to the city of Frankfurt Germany, or any of the suggested European Union Countries cities that may be recommended instead of the city of Frankfurt, due to Frankfurt's relative small size, when repeatedly compared to the city of London.


                                               Written by Professor Godfrey Ohia.


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