November 10, 2008
Prime Minister Gordon Brown believes the world financial crisis offers the opportunity to establish a “truly global society”.
Mr Brown will use a high-profile speech in the City of London to say that Britain, the US and Europe should join together to provide leadership in the creation of a “stronger and more just international order”.
He wants this weekend’s emergency summit of world leaders in Washington to reach consensus on a new framework for the international financial system, featuring a reformed IMF which will act as a global early-warning system for financial problems, he will say.
The Prime Minister promised to work with US President-elect Barack Obama to build a new global society in which the markets are subjected to morality and ordinary people’s interests are put first.
In his annual foreign policy speech to the Lord Mayor of London’s Guildhall banquet, Mr Brown will say that the transatlantic relationship between Britain and Europe and the USA can be the driving force behind the creation of a new international order.
“The alliance between Britain and the US – and more broadly between Europe and the US – can and must provide leadership, not in order to make the rules ourselves, but to lead the global effort to build a stronger and more just international order,” Mr Brown will say.
“The transatlantic relationship has been the engine of effective multilateralism for the past 50 years.