The leaders of the Group of Twenty major economies are gathering in Seoul for a two-day summit on Thursday.
The G20 heads of state and government will discuss ways to heal the global economy and prevent financial shocks in the future.
This is the first time a G20 summit is held outside of the G8.
Russian President Dmitry Medvedev will chair one of the meetings at the G20 business summit on Thursday, South Korean President Lee Myung-bak said Wednesday.
The business summit will be held ahead of the meeting of G20 leaders, due Thursday evening in Seoul.
SEOUL, November 11 (RIA Novosti)