Following the successful hosting of the Group of 20 economic summit in Seoul, South Korea is set to host a forum of parliamentary speakers to discuss ways to tackle global issues and share experiences of growth.
The G-20 Speakers' Consultation kicks off Wednesday at the National Assembly for a three-day run through Friday under the main theme of "Safe World, Better Future."
South Korea's parliamentary speaker Park Hee-tae will chair the conference to be attended by parliamentary leaders and representatives from 26 nations and groups, including five non-G-20 members and Inter-Parliamentary Union members.
This week's conference is the second of its kind after the inaugural session in Canada in September.
The participants will talk about three subjects: parliamentary cooperation for world peace and anti-terrorism, assistance for developing nations, and international cooperation for joint growth in the post-financial crisis era.
The participants will adopt a joint declaration at the end of the conference Friday, calling for each nation to collaborate on global anti-terrorism measures, inter-parliamentary diplomacy and shared growth between developing and advanced countries, organizers said.
The Seoul meeting is drawing attention as it comes as security alerts arise around the world following the death of Osama bin Laden and ongoing political unrest in the Middle East and North Africa.
It will also seek parliamentary collaboration to reduce trade imbalance and pursue sustainable growth by supporting developing nations in various fields.
South Korea, which transitioned from being an aid recipient to a donor nation on the international stage in 2009, will share its economic development know-how and help other developing nations establish economic and industrial infrastructures, Park said earlier in the briefing.
Park also stressed close collaboration between participating nations to craft legal systems and policies at the parliamentary level to make agreements produced at last year's G-20 summit in Seoul more tangible.
A traditional Korean house, which was newly built inside the National Assembly compound, will be used for receptions and other sideline events for foreign guests, while the conference will be held at main Assembly building.