The British prime minister has suggested that the $1 trillion investment agreed at the G20 summit (April 2nd) will improve global employment levels.

Gordon Brown, speaking on the evening of the historic meeting, which agreed a series of trade and funding initiatives, claimed that the deal will lift the world out of the recession by next year.

Held at the ExCeL centre in London's docklands, global policy-makers attending the summit negotiated commitments not to retreat into protectionist trade and employment initiatives, which may have hindered the flexibility of the world's labor markets.

Prime Minister Brown said: "This is the day that the world came together to fight back against the global recession, not with words but with a plan for global recovery and reform."

The communique agreed at the meeting of world leaders recognised the "human dimension" of the global economic downturn and committed to create employment opportunities and a "fair" labor market.© Adfero Ltd