President Lee underlined on Tuesday the importance of ASEM and G20 to surmount the economic crisis and improve economic governance.

"We adopted a declaration on global economic crisis," Lee declared on Tuesday, highlighting the importance for Asian and European countries to work together despite their different economic landscape.

Lee Myung-Bak reaffirmed a commitment to ensure the success of the forthcoming G20 summit in Seoul, which theme is "Shared growth beyond crisis."

"Discussions have led the ground to a successful G20 summit," Barroso concluded at the conference.

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