Brasilia  - Brazilian President Luiz Inacio Lula da Silva demanded Thursday that industrialized countries take responsibility in the efforts to overcome the current global financial crisis, which he said was created by "white people with blue eyes."

In a joint press conference with British Prime Minister Gordon Brown in Brasilia, Lula again stressed that it is necessary to regulate the international financial system.

"It cannot be that, in a society where a person is filmed and is always under surveillance when they go into a shopping centre or an airport, the financial system is not watched and is not regulated," he said.

Lula stressed that protectionism - which he compared to "a drug" - should be avoided at all costs.

"If we do not do the right thing, recession, unemployment and more instability will come," he said.

Lula called his one-hour meeting with Brown as "extremely productive," and said he expects results from the G20 summit that is set to take place in London on April 2.

"That meeting we will have in London is historic, because people expect a lot from it. If we make the mistake of using that meeting to schedule another meeting, we can lose credibility and the crisis will get deeper," Lula said.

"He (Brown), other world leaders and I know that the moment demands deep political decisions that are stronger than the economic decisions we get to make," he said. (dpa)