The G-20 countries have pledged to refrain from competitive devaluation of currency and promised to enhance exchange rate flexibility. They have also committed themselves for a balanced and sustainable growth.The declaration issued on conclusion of the two day summit in Seoul says, the members have agreed to enhance Mutual Assessment Process – MAP – to promote external sustainability.The summit also declared a 7-point Seoul Action Plan, which includes reforms in IMF to strengthen global financial safety nets to cope with financial volatility and global partnership for Financial Inclusion and a flexible Small and Medium Enterprise Finance Framework.The action plan expresses its commitment to direct the negotiators in accordance with Doha Development Round. The declaration also took into account the development agenda ensuring accelerated growth for Low Income Countries.AIR correspondent covering the summit, however, says the declaration has several vague notions like job creation and MAP. It has deferred the monitoring of assessment plan to 2011 when French presidency of G-20 takes over. The advocacy of balanced and sustainable growth by the Prime Minister Dr. Manmohan Singh has, however, echoed in the declaration.