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This blog discusses Los Cabos real estate and other important news and happenings in Cabo.


G20 Summit in Cabo 2012

Mexico’s Secretaries of Foreign Relations and Tourism are considering choosing Los Cabos as the host of the 2012 G20 Summit.

The G20 Summit, one of the world’s most important financial meetings of representatives from around the globe, will take place in Mexico in 2012. Although the host destination has yet to be announced, Los Cabos is a leading candidate for the event.

Gonzalo Franyutti, president of the Los Cabos Hotel Association, met with Patricia Espinoza, Secretary of Foreign Relations, and Gloria Guevara Manzo, Secretary of Tourism, to express Los Cabos’ interest in hosting the 2012 G20 Summit. “They told us that there is a great interest in having Los Cabos host the meeting since it has many advantages as a Mexican destination, like security, a strategic geographic location, a perfect climate, the quality of our hotels, our highway infrastructure…However, the secretaries pointed out that Los Cabos needs a convention center in order to host an event of this magnitude," stated Franyutti.

Because of this, Los Cabos is developing a plan to construct a new convention center quickly. “We are looking to present a proposal for the convention center since we still have time to begin construction,"  says Franyutti.

The G20 Summit is a semi-annual meeting that has taken place since 2008, where 20 finance ministers and central bank governors gather to discuss the most pressing issues facing the world’s economy and financial system. Currently, the G20 is made up of 19 countries plus the European Union, represented by the President of the European Council.

The list of represented countries include: South Africa, Canada, Mexico, United States, Argentina, Brazil, China, Japan, South Korea, India, Indonesia, Saudi Arabia, Russia, Turkey, the EU, France, Germany, Italy, the United Kingdom, and Australia.


Source: Mexico Meetings Network

Posted: Wednesday, May 11, 2011 7:19 AM by Nick Fong


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