United States president George W. Bush ended his final global summit with world leaders by delivering a speech during which he expressed his hope that the global economy would thrive despite the current economic crisis.

At the summit, Bush’s plan aimed at tackling the economic crisis was endorsed by his partners, while the latter also agreed to conduct a new series of talks to take place the following month, concerning putting a stop to North Korea's nuclear program.

Saturday, president Bush’s action plan to deal with the crisis, which had been approved one week before during an emergency meeting in Washington of the Group of 20 (comprising the world’s richest countries), was endorsed by Asia-Pacific Economic Cooperation (APEC) leaders through a statement the latter issued.

Moreover, APEC countries agreed to join the efforts of restructuring global regulations aimed at preventing future economic crisis, also promising they would not instate trade barriers.

George W. Bush had previously pushed for the aforementioned pledge, striving to prevent countries from appealing to protectionism in their attempt to downplay the severe effects of the crisis.

During the U.S.president’s meeting with Russian President Dmitry Medvedev, the latter voiced his disapproval of Bush’s administration plan to install a missile defense system in Europe. In his turn, Bush commented on Russia’s war with Georgia, stating he did not support Russia in this matter.

Nevertheless, Medvedev informed he was eager to continue working with the United States, even though the two nations had had several disagreements on different issues.