2009 G20 London summit London Summit and to co-ordinate their actions. The meeting was organised at the initiative of German Chancellor Angela Merkel. The leaders agreed that markets, financial institutions and the wide range of financial assets they create, and hedge funds should be subject to appropriate control. In addition, they called for effective sanctions against tax havens. They also agreed to impose sanctions against countries that intend to undermine their work. Finally, they advocated the doubling of funds available to the IMF. Finance ministers and central bankers of the G20 met in Horsham on 14 March 2009 to prepare for the London Summit.
2010 G20 Toronto summit partially due to most countries' entering recovery mode from the global economic recession after the past G20 summits; thus, the likelihood of new issues being raised was minimal. During the working dinner for G20 leaders on the evening of June 26, South African president [Jacob Zuma] promoted more partnership between the international community and Africa for the development in the continent. "As Africa we bring to the G20 Summit the key message that we must, together as the developing and developed worlds, promote stronger and more effective and equal international partnerships for growth and development," he remarked. At the summit,