US says it will use G20 presidency to focus on economic growth

The U.S. on Monday assumed the 12-month presidency of the Group of 20 major economies amid a bitter feud with outgoing president South Africa, and Washington said it will focus its agenda on promoting economic growth and prosperity.



The U.S. State Department issued a statement on Monday outlining its priorities for its presidency, vowing to undertake "much-needed reforms" and "return the G20 to focus on its core mission of driving economic growth and prosperity to produce results."



"We will prioritize three core themes: unleashing economic prosperity by limiting regulatory burdens, unlocking affordable and secure energy supply chains, and pioneering new technologies and innovations," it said in a statement.