2012 G20 Los Cabos summit

2012 G20 Los Cabos summit
The logo of the G20 Mexico 2012 summit
Host country	Mexico
Date	June 18–19
Venue(s)	Los Cabos Convention Center
Cities	San José del Cabo, Los Cabos, Baja California Sur
Participants	G20 member states Guest Invitees: Benin, Cambodia, Chile, Colombia, Ethiopia, Spain Invited Organizations: Food and Agriculture Organization
Follows	2011 G20 Cannes summit
Precedes	2013 G20 Saint Petersburg summit
Website	g20mexico.org

The 2012 G20 Los Cabos Summit was the seventh meeting of the G20 heads of government/heads of state.

It was held in the Los Cabos Convention Center,Los Cabos, Baja California Sur, from June 18–19, 2012.

The final draft of G20 Toronto summit communique became the public announcement that the 2011 summit in France would be followed by a 2012 summit in Mexico.

Pre-planning for the summit began in 2010. In January, Mexican Deputy Foreign Minister Lourdes Aranda hosted a preliminary meeting in Mexico City. It was attended by "sherpas" (representatives) of the G20 foreign ministries.

The convention center was designed and constructed by Mexican architect Fernando Romero in a time span of seven months. It houses the largest green wall in the world, covering an area of 2,700 square meters.

Mexico believes the forum can better represent developing countries in both vision and policy. Under the leadership of President Felipe Calderón, Mexico will seek to expand the scope of the G20's development focus. Calderon also said of funding for the International Monetary Fund (IMF) that "it’s going to be the first time the fund is capitalized without the U.S., which reflects the importance of emerging markets." Brazilian Finance Minister Guido Mantega added that the BRICS countries were "going to make an additional contribution to the IMF that will be announced at the leaders’ meeting," in relation to similar amount announced by the group in April of about US$75 billion. European leaders were pressured by major economies to resolve the European sovereign-debt crisis after New Democracy won a plurality Greek legislative election in June.