The International Monetary Fund and South Korea will jointly host a high-level international conference on Asia in Seoul in July, the IMF and the South Korean government announced Thursday.
The July 12-13 conference will be held "to examine Asia's economic dynamism and evolving role in international policy-making," they said in a joint statement.
More than 300 leading figures were expected to attend, ranging from central bank governors and finance ministers to business leaders, financial market experts and representative of civil society, they said.
South Korea, which chairs the Group of 20 major developed and developing economies this year, has pledged the group will "double its efforts" to help the global economy transition from recovery from recession into more sustainable and balanced growth.
"Asia is at an important crossroads," said Dominique Strauss-Kahn, the IMF managing director.
"In a post-crisis world, Asia is well-positioned to build on its strong macroeconomic track record and engage prominently in the debate on policy challenges facing the global economy."
Strauss-Kahn said the theme of the conference was "transformation" and that participants would share their insights on the challenges and opportunities facing Asia and the global economy in the next decade.
The conference "will also underscore the IMF's renewed commitment to serving as a global partner for the region," he added.
The IMF chief welcomed the government's agreement to co-host the conference.
"As chair of the G20 process in 2010, Korea will be playing a critical role in shaping the global economic policy agenda this year, including on IMF reforms," he said.
The G20 is set to hold two leaders summits this year: in Canada in June and in South Korea in November.