DEBORAH MARCHINI, CNN ANCHOR: We are of course reporting today on the heels of the meeting of the G8. World leaders had gathered over the weekend. Robert Hormats is vice chairman at Goldman Sachs International and joins me now to talk a little bit about what, if anything, was accomplished at the meeting.</s>ROBERT HORMATS, VICE CHAIRMAN, GOLDMAN SACHS INTERNATIONAL: Good to be with you again.</s>MARCHINI: Your thoughts?</s>HORMATS: Well, I think trade was something that they did a little bit on. It wasn't a spectacular meeting with spectacular results, but they made solid progress on trade. And I think that was really the key point, that they have been trying to get support for multilateral trade negotiations. Many of them see this as a generally helpful thing to stimulate demand.</s>MARCHINI: OK. Progress on trade negotiations -- well, what about the prospects for summits in general? Was this one sufficiently successful that we think it will lead to more such meetings in the future -- or perhaps fewer?</s>HORMATS: I think there will be meetings. It would be very bad for them to cancel these summits now in the face of all of these pressures. These pressures from people in the street were designed to stop the meetings. They should go on. They are useful dialogues among the heads of state, and I think it's a positive thing.</s>MARCHINI: All right -- so no progress for the protesters there. Bob Hormats, Goldman Sachs International...</s>HORMATS: Good to be with you. Thank you very much.</s>MARCHINI: ... thank you so much for being with us this morning.</s>HORMATS: Thanks. Good to be with you. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Robert Hormats on Accomplishments of G8 Summit