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Australian & Pacific News

G-20 Chiefs 'Deplore' N. Korea Nuke Test

Saturday, November 18, 2006 11:18:40 PM
By KELLY OLSEN

Australia's Treasurer Peter Costello gestures during a press conference in Melbourne, Australia, Friday, Nov. 17, 2006,  for the G20 Finance Ministers and Central Bank Governors summit. Mr Costello, who is chairing the G-20 summit of finance ministers and central bankers in Melbourne, is among the world's policy-makers pushing for a more flexible exchange rate regime for the Chinese currency. .(AP Photo/Rob Griffith)MELBOURNE, Australia (AP) - Finance ministers from 20 of the world's most powerful economies universally condemned North Korea for its recent nuclear test, but rejected a bid by Japan to formally include the position in the final communique of their annual meeting issued Sunday.

"All of the countries represented at the G-20 deplore that test and the instability that it threatens on the Korean Peninsula," Australian Treasurer Peter Costello told reporters at a news conference at the end of two days of closed-door meetings.

"Because it was a meeting of economic ministers and central bankers, there was a view that we shouldn't just broaden the agenda to issues outside our principal area of work. That's why it wasn't mentioned" in the final statement, he said.


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