In the light of the London Summit of G20, group of the industrially most developed countries in the world, taking place on April 2nd, it has become apparent that the leaders of these countries are responsible for undertaking bold and coordinated action to help restore global economic growth and set ground for an era of international economic partnership to prevent such crisis from reoccurring.

Nobody can deny the need to take action. The credit crisis and loss of confidence has crossed borders and affected all corners of the globe. For the first time in this generation, the global economy is combining amongst decreasing trade. Billions of dollars have been lost, banks have stopped lending and tens of millions of people will become jobless. The future of all the nations is at stake, as well as the stability of governments and the survival of people in the most vulnerable parts of the world. Once and for all we have learned the lesson that the American economy is closely interwined within the global economy.
(AmCham)