February 20, 2009

Prime Minister Gordon Brown has said world leaders are working towards a “global deal and grand bargain” to deal with the economic downturn.

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He told his monthly press conference that the whole world had to preserve “an open economy”, rather than move towards protectionism.

Leaders were working together to help “working families”, he added.

Mr Brown was speaking after talks with International Monetary Fund head Dominique Strauss-Kahn.

The government has launched a document outlining its policies and aims in the run-up to the G20 economic summit in London in April.

‘Taken the lead’

Mr Brown will be meeting leaders including German chancellor Angela Merkel and Italian prime minister Silvio Berlusconi during the next few days.

He said: “I think we are fashioning for the future a global deal and grand bargain where each continent fulfils its responsibilities and its obligations and act to deal with what is a global problem.”

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