Transcript
MINISTER FRATTINI: While it is evident that leadership from the G8 is still needed, none of the current global challenges can be successfully tackled without close and stable cooperation with the major emerging economies, in a spirit of shared responsibility. In today’s multi-polar and complex world, we need to build up a broader axis of responsibility. This is also one of the -- if not the -- precondition to make multilateralism work.
As the Italian presidency, we view July’s Sardinia Summit as the right occasion to propose a new global governance framework. The idea is to define the format that goes well beyond the dialogue that began at the Heiligendamm, under the German G8 presidency.
We intend, first of all, to place Brazil, China, India, Mexico and South Africa in a more coordinated and structured and stable association with the countries of G8. And also, Italy is of the view that a moderate Arab, Muslim and African country like Egypt, would also be a useful addition to this exercise. So we decided to invite Egypt to join this G5 group, so we will have a structured cooperation between G8 countries and G6 new emerging economies and powers.In our view, this new partnership would represent the core group of this new global governance, which will address crucial issues like climate change, together with other major emitters in the world, and the fight against poverty, together with African countries
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