South Korea will invite five non-G20 member countries and seven global institutions to the G-20 Summit in Seoul in November, the government said Friday.

In accordance with the principles for the invitation of non-member countries agreed upon among by G20 members, the Korean government has decided to invite Ethiopia, Malawi, Singapore, Spain and Vietnam to the Seoul gathering slated for Nov. 11-12, the summit organizing committee said on Friday.

The committee said seven international organizations including the United Nations will also be invited.

Among them were also the International Labor Organization, World Bank, International Monetary Fund, Organization for Economic Cooperation and Development, World Trade Organization and Financial Stability Board.

Malawi, as the chair of the African Union, and Ethiopia, as the chair of the New Partnership for Africa’s Development, will strengthen the representation of the African region at the Seoul Summit, the committee said.

It also said Vietnam, as the chair of ASEAN, and Singapore, as the chair of the Global Governance Group will reflect the opinions of emerging economies, in light of the fact that the Seoul Summit will be the first G20 Summit to be held in Asia.

Spain is one of the 10 largest economies in the world and a participant in the past four G20 Summit meetings.

With respect to the invitations of the seven international organizations, the committee expects the Seoul Summit agenda will directly pertain to the global institutions.

Leaders around the world will discuss how to support non-G20 members in the course of economic development by strengthening private capacity and infrastructure building, SaKong Il, chairman of Seoul’s presidential committee for the G20 Summit, has said.

He stressed that advanced countries should not only provide aid to developing nations, but also share their experience of successful economic development.

By Kim Yon-se (kys@heraldm.com)