B20 Executive Talk Series LEAD FEATURE
G6 Welcome
Javier Bolzico
President, Argentine Bankers Association (ADEBA)
Adelmo J.J. Gabbi President, Buenos Aires Stock Exchange
An ambitious agenda
Welcome to the future Argentine market
B20 has seen ever more ambitious agendas, from Seoul 2010 to Berlin 2017. Buenos Aires 2018 is no exception. Moreover, the challenges faced by multi-lateral efforts of any kind by the volatile international agenda at sight, may shape the near and even the long term future of our society. We, B20 participants, believe in the relevance and strength of team work within the international business community, as a means to reach the clear objective of a world-wide society developing in peace and fairness. In light of current events, where cooperation is sometimes challenged, we trust that open and competitive markets, in a setting of equal opportunities, fairness and a leveled playing field are the preconditions for the achievement of B20 and G20 objectives. The work done by the eight task forces of B20 in the aim of achieving a global vision has been up to the challenge so far. Argentina has the honor of carrying the G20 torch during 2018. We welcome all the participants that honor and strengthen B20 with their presence.
The G20 Summit takes place in Buenos Aires at a historic moment of Argentina’s stock and financial markets. The parliamentary will to modify the Capital Markets Law with essential reforms to the original text, and the upgrading of Argentina as Emerging Market by Morgan Stanley, will enable international institutional investors to choose Argentina once again, and thus increase its stock market’s liquidity and depth. This clear improvement of Argentina’s position in international markets is a vital step towards recovery, growth and the future development of the domestic economy. As part of the B20 affinity group, the Buenos Aires Stock Exchange increases its effort to transform domestic savings into long-term investment to finance Argentina’s infrastructure. Certainly, we have to start to depend more on ourselves and less on global cycles. Welcome everyone to this meeting, and welcome to the future capital market of Argentina!
THE WORK DONE BY THE SIX TASKFORCES OF B20 IN THE AIM OF ACHIEVING A GLOBAL VISION HAS BEEN UP TO THE CHALLENGE SO FAR.
CERTAINLY, WE HAVE TO START TO DEPEND MORE ON OURSELVES AND LESS ON GLOBAL CYCLES.
16 ❙ g20g7.com
b20argentina.info
