Ministry of Economy and Finance of South Korea outlines G20 finance deputies discussions and says its supply chain proposal won support

South Korea's Ministry of Economy and Finance published a readout of the third 2026 G20 Finance and Central Bank Deputies Meeting in Fort Lauderdale, where members reviewed the economic fallout from the Middle East war, growth policy, global imbalances, debt restructuring and financial sector issues. Korea presented its emergency economic response, including inflation management, supply chain stabilization and support for affected firms, and said its call for practical G20 measures to stabilize energy and critical minerals supply chains and strengthen resilience received strong support. The ministry also highlighted Korea's whole-of-government regulatory reform programme, rule rationalization for sectors such as artificial intelligence and autonomous driving, skills development, and business engagement as contributions to the growth discussion. As co-chair with Australia of the G20 Global Imbalances Study Group, it outlined the group's work and argued that surplus and deficit countries, large economies and developing countries all need to act to limit spillovers. Korea also backed efforts to make sovereign debt restructurings more efficient and improve debt transparency, and cited domestic steps to ease financial regulation for productive finance, create a basis under the Foreign Exchange Transactions Act to monitor cross-border virtual asset transactions, and deliver lifecycle financial education. G20 technical work, including on global imbalances, will continue ahead of the Finance Ministers and Central Bank Governors meeting scheduled for 29 August to 1 September in Asheville, North Carolina.