Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-263-406"
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"en.20120202.31.4-263-406"2
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"In view of the increasing relevance of the BRICS countries and other emerging powers and the multipolar system of global governance that is taking shape, we should pay more attention to cooperation based on the G20. In the interests of reconciling positions with Russia, the existence of the G8 should also be harnessed, so that common challenges can be addressed in a coordinated and effective manner. I support the G20 parliamentary dimension and I believe that it should be further consolidated and involved in decision-making processes, in order to ensure reinforced democratic dialogue and greater scrutiny. I firmly believe that the current sovereign debt crisis will be an important test for the G20 as an effective forum for strategic political dialogue, creating foundations for the elimination of systemic unbalances which can be particularly damaging both for developed economies and, in a longer-term perspective, emerging ones, and promoting solidarity in international financial fora such as the International Monetary Fund. The EU must enhance political dialogue and cooperation with the BRIC countries in order to push further forward the reform of global financial and economic governance institutions, that is to say, the Bretton Woods institutions, with the aim of ensuring the broader representation of all member countries while reflecting changes in economic weight."@en1
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