Korea hosts G20 global financial stability conference in Seoul

The Korean Ministry of Finance and Economy co-hosted the G20 Global Financial Stability Conference 2026 in Seoul on Tuesday, bringing together global financial experts to tackle the challenges of financial stability and supply chains in the age of artificial intelligence (AI). Around 300 participants from various countries convened to explore strategies for bolstering the global economy's resilience and addressing risks stemming from AI-driven innovation.

In his opening remarks, Second Vice Finance Minister Huh Chang highlighted the potential threats AI and supply chain restructuring could pose to financial market stability. He emphasized the need for proactive measures to mitigate AI-related risks and ensure sufficient financial resources to navigate future economic turbulence. Huh also stressed the importance of integrating financial safety nets with enhanced supply chain resilience.

Laura Alfaro, chief economist, was among the distinguished attendees at the conference. The annual event, first held in 2013, serves as a platform for global financial leaders to collaborate and devise solutions to emerging financial challenges.