Business Opportunity
For some, the G8 summit became a profit-generating event; as for example, the G8 Summit magazine which has been published under the auspices of the host nations for distribution to all attendees since 1998.
Hokkaido's small businesses which were located near the summit site discovered that most of their customers were policemen during the event; and the tourist trade was virtually dead." The Guardian reported one shop owner's terse point of view: "I just want to get this summit over and done with so we can get back to normal."
In contrast, a foreign ministry spokesman focused on the exposure Toyako received in the international media; and he argued that the short-term sacrifice would prove to be worthwhile in terms of long-term business opportunities.
Read more about this topic: 34th G8 Summit
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