Deputy Prime Minister Koo Yoon-chul Presents G20 Solution for 'Global Imbalances': "Surplus and Deficit Countries Must Act Together"

South Korea's Deputy Prime Minister Koo Yoon-chul called on G20 nations to pursue simultaneous structural reforms to address global current account imbalances, stating that surplus and deficit countries must act in tandem. Speaking at the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina, on August 31–September 1, Koo highlighted artificial intelligence as a key factor reshaping global trade patterns and outlined Korea's strategy to boost growth through three AI mega-projects and the National Growth Fund. The meetings included bilateral discussions with finance officials from the United States, United Kingdom, India, France, Italy, Qatar, and the European Union on financial cooperation and supply-chain stability.