Zapatero, Calderon, Kirchner agree on positions before G20
New York/Pittsburgh, Pennsylvania - The leaders of Mexico, Argentina and Spain met Thursday in New York to agree on common positions ahead of the Group of 20 (G20) summit in Pittsburgh, Pennsylvania.
In a meeting on the sidelines of the UN General Assembly, presidents Felipe Calderon of Mexico and Cristina Fernandez de Kirchner of Argentina and Spanish Prime Minister Jose Luis Rodriguez Zapatero agreed to head to Pittsburgh with a call for the world to remain vigilant even if it appears to be starting to recover from the global economic crisis.
They agreed to file a proposal for the capitalization of the Inter-American Development Bank (IADB), which is one of Latin America's major demands for the G20 summit, Spanish delegation sources said.
They also vowed to keep pressing for more restrictions on tax havens, something that Spain regards as a "decisive step" in the effort to seek a new, more solid global financial order.
Fernandez de Kirchner, Calderon and Zapatero noted that while the situation is currently more "relaxed" than it was ahead of the G20 summit held in London in April, there are still reasons to tighten the regulation of global financial organs.
Spain is attending the summit as a guest, while Mexico and Argentina are Latin America's representatives in the G20, along with Brazil.
Brazilian President Luiz Inacio Lula da Silva did not attend the meeting in New York. However, before the UN General Assembly, he said Wednesday that Brazil is in favour of a reorganization and a democratization of the global financial system. dpa