The G20 Seoul Summit started the first plenary session, Global Economy and Framework II, in Seoul Friday morning.

South Korean President Lee Myung-bak, in his speech, stressed the significance of the agreements reached at the October Gyeongju G20 Finance Ministers and Central Bank Governors Meeting which helped ease global tensions related to currency issues and global imbalances.

He also discussed the importance of following through on the Mutual Assessment Process (MAP) to avoid future crises and promote strong sustainable growth.

Members of the G20 Framework Working Group also presented their most recent discussions.

The first session is a continuation of a two-hour working dinner held late Thursday among the world's top leaders brought together here for the summit.

It touched upon the important issues related to global imbalance and recovery.

(Xinhua News Agency November 12, 2010)