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G5 speak out on global challenges

2009-07-09 10:17 BJT

Special Report: G8+5 Meetings |

L'AQUILA, Italy, July 8 (Xinhua) -- Five leading developing countries -- China, India, Brazil, South Africa and Mexico (G5) --spoke out on Wednesday afternoon in Italian city of L'Aquila on joint efforts to address global challenges.

Speaking to a leaders meeting of the G5 held in the earthquake-shaken town, Mexican President Felipe Calderon said the emerging economies should play even more important role in addressing the global issues.

They should unite and strike consensus so as to help developing and less-developed countries better resolve the challenges of climate change and food security, the president said.

Brazilian President Luiz Inacio Lula da Silva said the G5 leaders' meeting is an important platform on addressing economic and financial problems and the G5 should make full play of the meeting to push the international community at large to better address the global financial crisis.

He called for tightening monitoring and regulation of international financial system and giving up trade protectionism, so as to drag the world economy out of crisis as soon as possible.

Indian Prime Minister Manmohan Singh told the meeting that the consensus reached at the G20 Summit in London should be implemented.

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