G20 summit: CFK, Rousseff agree to 'oppose any adjustment plans'

While attending the G-20 Summit in Los Cabos, Mexico, President Cristina Fernández de Kirchner and her Brazilian counterpart Dilma Roussef met and agreed on Monday to “oppose any financial adjustment plans.” 

Both heads of state met at the Secret Marquis hotel, and were joined by Foreign Minister Héctor Timerman, Economy Minister Hernán Lorenzino and presidential spokesman Alfredo Scoccimarro.

The meeting began at 1:40 pm and ended 50 minutes later. 

Both presidents were joined by their close staff and the meeting with Rousseff was was included in the President’s agenda during the G-20 Summit, which began on Monday in Mexico.

After the meeting, Timerman assured that “Argentina and Brazil share several positions when it comes to policies that favour development and growth in order to face the world economic crisis.” 

He also assured that both countries agreed on “waiting and listening to what European countries – Germany in particular – will say during the G20 Summit.”

President Cristina Fernández de Kirchner arrived in Mexico on Sunday where she is also scheduled to meet Russia's Vladimir Putin and France's Francoise Hollande.

Meanwhile, tomorrow’s sessions are entitled: “Strengthening the international financial architecture and promoting financial inclusion”, and “Trade, job creation and growth."

Fernández de Kirchner's agenda on Sunday was largely limited to attending a dinner hosted by Mexican President Felipe Calderón for G20 leaders.

The Group of 20 was created in 1999 to bring together financial policymaking from traditional economic powers with the fast-growing developing economies such as China and Brazil. Its 20 members house 90 percent of the world economy, 80 percent of its trade and two-thirds of its population.