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Turkey joins efforts to make G20 summit successful: PM

Xinhua, August 20, 2016 Adjust font size:

Turkey has been joining efforts to make the G20 summit a success, which is slated for early September in Hangzhou, China, Turkish Prime Minister Binali Yildirim said on Saturday.

Turkey, host of the last G20 summit last year, has been working hard under the leadership of Deputy Prime Minister Mehmet Simsek to make the Hangzhou summit a success, said Yildirim in meeting with the foreign press in Istanbul.

He noted that leaders of the world's major economies will discuss on G20, among others, the slowdown in global trade and growth, tax evasion, money laundering and IMF quota reform.

The root causes of tax evasion and money laundering have to be revealed and the defects have to be fixed to prevent the illegal acts, he said.

"The taxes have to be dragged to the acceptable levels rather than to keep them high in order to increase production and boost economic prosperity," Yildirim said.

On China-Turkey relations, Yildirim said the two countries have been working together on common projects as part of the Belt and Road Initiative. Endit