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Major Countries Positions
G20 Pools Ideas in Toronto> Major Countries Positions
UPDATED: July 5, 2010
Brazil
Maintain growth stimuli
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Brazil will propose at the G20 Summit that countries should maintain the growth stimuli while speeding up the establishment of mechanisms to regulate financial markets, sources from the Brazilian Foreign Ministry told Xinhua recently.

Brazil believes that the World Bank reform concluded in April was "satisfactory" and hopes that the institution should continue reforms in the coming years to provide emerging countries greater parity in voting power.

Brazil believes that the G20 gathering should play a more important role in global affairs and that topics should extend from finance and economy to development, energy, oil policies and others, the sources said.

(Xinhua News Agency June 24, 2010)



 
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