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The U.S. President in South Korea - Attending the G-20 Summit

Wednesday, November 10, 2010

President Obama is now in South Korea, where he will meet with the leaders of the top global economies at the G-20 summit. The purpose of these meetings are to help stabilize the world's financial markets.
On his present schedule is a meeting with South Korean President Lee Myung-bak and a meeting with Chinese President Hu Jintao. While in South Korea, The President will visit with the U.S. troops stationed in South Korea on a most fitting day on Thursday, which is the celebrated Veterans Day holiday in the U.S.
Expected are talks about currency and trade at the summit. President obama is likely to ask all other nations in the G-20 to help foot the bill of the world economy. South Korean authorities now have approximately 50,000 police and others known as riot police to help protect the G-20 Summit.
Grappling with a troubled U.S. economy, the Obama administration has highlighted the strengthening of economic and military ties during the president's 10-day Asia tour. Obama started his trip with a three-day stay in India, before heading to Indonesia.
In Mumbai on Saturday, the president unveiled about $10 billion in contracts for U.S. exports to India. It is Asia's third-largest economy and one of the world's few growth markets.
Speaking in New Delhi on Monday, Obama said, "We make some of the best products in the world and we want to sell them to a growing Indian market."
At the Seoul summit, G-20 leaders are expected to focus on the global economic recovery and mechanisms to ensure balance and sustainable growth.

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