To: Chas. who wrote (55480 ) 9/27/2009 8:07:10 AM From: elmatador Respond to of 219720 Minnows on the defensive as G8 funeral day approaches. G8 - Prime Minister Berlusconi Reports on G8 in UN Address Speaking from the UN General Assembly platform, in the capacity of G8 duty President, Italian Prime Minister Silvio Berlusconi reported on the L’Aquila G8 and stressed the importance of the eight major countries’ Summit, but pressed for greater coordination with the G20, scheduled to be held in Pittsburgh from 24 to 25 September: the G8 continued to play a prominent role, on the geopolitical issues of non-proliferation and growth in particular, but more effective coordination with the G20 had to be achieved to address world governance of the economy, in line with the United Nations’ central role. Mr. Berlusconi went over the L’Aquila Summit’s results, reiterating its rejection of protectionism and defending market liberalisation, not least via a boost to the Doha Round, which had to be concluded before 2010 was out. He described climate change as “a challenge that can be beaten only with the unanimous commitment of all the players in the world economy.” He cited the billion pledged for the developing countries and repeated the necessity of putting farming back at the centre of the international agenda, the leitmotiv linking the G8 Summit to the Pittsburgh G20 and the summit on Food Security to be held in Rome this coming November. Turning to economic topics, the Prime Minister confirmed the necessity of countering financial and food commodity speculation, two of the main causes of the crisis. Mr. Berlusconi said that halting speculation called for “stricter rules” for the futures market, a “global system of strategic commodity reserves” and, last but not least, “the abolition of tax havens.” Prime Minister Berlusconi pronounced himself optimistic, because the international community “has coped with crises even more tragic than the present one,” and “the lesson of history is that no crisis is insuperable, but we have to think positive and be determined and, above all, united. We all have to roll our sleeves up together.” He closed his address with a reference to the United Nations and the need for Security Council reform “to make it more effective and representative.” “But beware,” Mr. Berlusconi warned. “Bringing in extra permanent members would only increase the sense of exclusion felt by all those countries that are actively contributing to international peace and security and by the new countries that might in future shoulder increasing responsibilities.”