Washington (dpa) - Ahead of the G20 summit in Turkey, US President Barack Obama has called for more cooperation among the most powerful economies.
In an opinion piece published in the Financial Times Friday, Obama said while the United States is ready to lead global efforts to increase the number of jobs and bring about stronger growth and sustained prosperity, it cannot be the sole engine of global growth.
"Other countries have to step up," he writes. "If the world relies excessively on the American consumer, it will jeopardise the sustainability of the global recovery."
Obama also recalls how seven years ago, the G20 acted to avert a global depression and rebuild the global economy on a more resilient footing.
"If there is anything the past seven years have taught us, it is that we all have a stake in each other’s success," Obama writes.
"If there is anything the past seven years have taught us, it is that we all have a stake in each other’s success," Obama writes.