ID :
21116
Thu, 09/25/2008 - 16:25
Auther :
Shortlink :
http://m.oananews.org//node/21116
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France backs expansion of U.N.S.C., India's inclusion in G-8
United Nations, Sep 24 (PTI) France has made a strong
case for expansion of the United Nations Security Council
(U.N.S.C.) and Group of eight industrialised nations, saying
"we cannot wait any longer" to bring in countries like India
and China into G-8.
"The 21st century world cannot be governed with the
institutions of the 20th century," French President Nicolas
Sarkozy told the United Nations General Assembly.
"Let today's major powers and the powers of tomorrow
unite to shoulder together the responsibilities their
influence give them in world affairs," Sarkozy, who is the
current president of the E.U., said Tuesday.
He favoured expansion of the powerful 15-member Council
and G-8, saying that it is not just "a matter fairness" but a
necessary condition for "being able to act effectively".
"We cannot wait any longer to enlarge the Security
Council. We cannot wait any longer to turn the G8 into the G13
or G14 and to bring in China, India, South Africa, Mexico and
Brazil," said Sarkozy, who will host Prime Minister Manmohan
Singh on September 30.
India is among the countries which are strong favourites
for becoming a permanent member in an expanded Council.
Currently, the permanent members are the United States,
Britain, France, Russia and China.
Brazilian President Luiz Inacio Lula da Silva said "only
legitimate and effective instruments can assure collective
security."
"The United Nations has spent 15 years discussing the
reform of the Security Council. Today's structure has been
frozen for six decades and does not relate to the challenges
of today's world," he said.
Referring to the current financial crisis which has
affected the world markets, Sarkozy suggested heads of
government of most concerned countries meet before the end of
the year to examine together the lessons from the "most
serious" global financial crisis experienced since 1930s.
In this context, he stressed on rebuilding "regulated
capitalism" in which whole swathes of financial activity is
not left to the sole judgement of market operators and in
which banks do their job of economic development rather than
engage in speculation.
He also called for control over credit agencies,
replacing opacity of transaction with transparency, ensuring
that modes of remuneration do not drive people to take
unreasonable risks and punishment for those who jeopardise
people's savings.
While supporting its right to nuclear energy for peaceful
purpose, the French president warned Tehran that world cannot
accept a nuclear-armed Iran which would endanger the peace and
stability of the entire region. Nor could it tolerate Iran
calling for destruction of Israel.
Referring to recent conflict in Georgia, he said Europe
wants to build a shared future with Russia but would not
compromise on principles of sovereignty and territorial
integrity or respect for international law.
"Europe's message to all States is that it cannot accept
the use of force to settle a dispute," he said. PTI DS
BDS
NNNN
case for expansion of the United Nations Security Council
(U.N.S.C.) and Group of eight industrialised nations, saying
"we cannot wait any longer" to bring in countries like India
and China into G-8.
"The 21st century world cannot be governed with the
institutions of the 20th century," French President Nicolas
Sarkozy told the United Nations General Assembly.
"Let today's major powers and the powers of tomorrow
unite to shoulder together the responsibilities their
influence give them in world affairs," Sarkozy, who is the
current president of the E.U., said Tuesday.
He favoured expansion of the powerful 15-member Council
and G-8, saying that it is not just "a matter fairness" but a
necessary condition for "being able to act effectively".
"We cannot wait any longer to enlarge the Security
Council. We cannot wait any longer to turn the G8 into the G13
or G14 and to bring in China, India, South Africa, Mexico and
Brazil," said Sarkozy, who will host Prime Minister Manmohan
Singh on September 30.
India is among the countries which are strong favourites
for becoming a permanent member in an expanded Council.
Currently, the permanent members are the United States,
Britain, France, Russia and China.
Brazilian President Luiz Inacio Lula da Silva said "only
legitimate and effective instruments can assure collective
security."
"The United Nations has spent 15 years discussing the
reform of the Security Council. Today's structure has been
frozen for six decades and does not relate to the challenges
of today's world," he said.
Referring to the current financial crisis which has
affected the world markets, Sarkozy suggested heads of
government of most concerned countries meet before the end of
the year to examine together the lessons from the "most
serious" global financial crisis experienced since 1930s.
In this context, he stressed on rebuilding "regulated
capitalism" in which whole swathes of financial activity is
not left to the sole judgement of market operators and in
which banks do their job of economic development rather than
engage in speculation.
He also called for control over credit agencies,
replacing opacity of transaction with transparency, ensuring
that modes of remuneration do not drive people to take
unreasonable risks and punishment for those who jeopardise
people's savings.
While supporting its right to nuclear energy for peaceful
purpose, the French president warned Tehran that world cannot
accept a nuclear-armed Iran which would endanger the peace and
stability of the entire region. Nor could it tolerate Iran
calling for destruction of Israel.
Referring to recent conflict in Georgia, he said Europe
wants to build a shared future with Russia but would not
compromise on principles of sovereignty and territorial
integrity or respect for international law.
"Europe's message to all States is that it cannot accept
the use of force to settle a dispute," he said. PTI DS
BDS
NNNN
