British PM Calls for Reform of World Institutions

     

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British PM Calls for Reform of Worl 0 article

British PM Calls for Reform of World Institutions

Britain's Prime Minister Gordon Brown is calling for radical reform of the world's global institutions such as the United Nations, International Monetary Fund and the World Bank.

By VOA News

21 January 2008
Source: VOA.com


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Britain's Prime Minister Gordon Brown is calling for radical reform of the world's global institutions such as the United Nations, International Monetary Fund and the World Bank.

In an address to Indian business leaders Monday in New Delhi, Mr. Brown said radical reforms are needed to reflect the rise of India and Asia, adding that it is time to build a "new global society."

He made the comments on the last day of a trip to India and China.

Indian Prime Minister Manmohan Singh agreed with Mr. Brown, saying international institutions cannot afford to ignore countries like India and China.

Mr. Brown also said the World Bank should create a multi-billion-dollar fund to tackle climate change. He proposed the IMF develop an early-warning system to alert experts to problems threatening the global economy. He also called for a new rapid reaction force to help rebuild what he called "failed states" that harbor terrorism.

Prime Minister Brown said he supports increasing the number of seats on the United Nations Security Council, and voiced Britain's support of India's bid for a permanent seat.

During his visit, Mr. Brown pledged $1.6 billion in aid to India, its former colony, about half of which will be spent on health and education.