German chancellor Angela Merkel opened the World
Economic Forum in Davos, Switzerland, saying she wanted
dialogue with emerging powers and that the Doha trade
talks must succeed.
Merkel addressed the plenary session of the WEF's annual
meeting on Wednesday (January 24) and said that Germany
would launch a new dialogue with emerging powers during
its presidency of the Group of Eight (G8) industrialised
took over the dual presidencies of the European Union
and the G8 this month and Merkel's speech in Davos was
billed as one of the highlights of the annual conference.
her opening remarks, she said western leaders must convince
voters of the benefits of globalisation, while also
warning of the flip side of globalisation what
was an opportunity for some translated into fear for
others and called on politicians to create a
framework that ensured globalisation would be fair to
would require new flexibility from all participants
- the European Union, the United States and emerging
economies. "The responsibility for a success lies
on many shoulders," she said.
noted the rise of new economic powers like India, China
and Brazil, who were important players in the global
economy and whose emergence, Merkel said, should be
seen as both a challenge and an opportunity.
also expressed her resolve to forge "new forms
of dialogue" with these countries at a G8 summit
that she proposed to host in June 2007. In addition
to the G8 countries -- Britain, Canada, France, Germany,
Italy, Japan, the United States and Russia -- Germany
has invited leaders from Brazil, China, India, Mexico
and South Africa to this summit.
Trade ministers from more than 30 countries are meeting
on the sidelines of Davos, and the German chancellor
expressed hope that they could give a fresh impulse
to trade liberalisation, which she said would benefit
the G8 summit in Germany, we want to focus on a new
dialogue with the big emerging countries; with Brazil,
China, India, Mexico and South Africa. Dialogue should
be started there and then be
shifted to other international organisations because
we need a coherent, common way forward in the various
international forums. I am convinced that the condition
for global growth is the openness of the world markets,"