HIGHLIGHTS - World leaders in Italy for G8, G5 summit

Thu Jul 9, 2009 3:03pm EDT
 
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L'AQUILA, July 9 Reuters) - Following are comments by world leaders at the second day of a summit of the Group of Eight major powers with leading developing economies in Italy.

For comments from the first day of talks see [ID:nL8570808]

FRENCH PRESIDENT NICOLAS SARKOZY

"I hope that in the coming months we will talk about currencies and the international monetary system. We have to ask ourselves: shouldn't a politically multi-polar world correspond to an economically multi-monetary world?" he said referring to the dollar.

Sarkozy also emphasised that Israel was not alone and that the situation had to be watched calmly.

US PRESIDENT BARACK OBAMA

"While we don't expect to solve this problem in one meeting or one summit, I do believe we made some important strides forwards as we move towards Copenhagen.

"Ice sheets are melting, sea levels are rising, our oceans are becoming more acidic and we have already seen its effects on wheather patterns our food and water sources and our habitats."

EUROPEAN COMMISSION PRESIDENT JOSE MANUEL BARROSO to Reuters

"This (reaching Doha trade deal in 2010) is a realistic target and it is up to all countries, both developed and developing, to deliver on this promise."

He added that the leaders agreed future talks would "build on progress already made on modalities," and instructed trade ministers to meet prior to September's Group of 20 industrialised and developing nations summit in Pittsburgh.

BRITISH PRIME MINISTER GORDON BROWN

"The discussion that we had over lunchtime was about the future of global institutions -- the role of the United Nations, the World Bank, the International Monetary Fund, the G8, the G14 and the G20 and then there was a discussion about the drivers for growth in the world economy.

"I have not raised this issue of currencies. There was no real discussion about it. It may have been raised by someone at the meeting, I can't really recall that, but if it was raised it wasn't a major part of the discussion."  Continued...

 
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