Wednesday, November 12, 2008

Brazilian, Italian presidents discuss global financial crisis

Special Report:Global Financial Crisis



ROME, Nov. 10 (Chinese media) -- The global financial crisis

is an "extraordinary opportunity to reflect on what we have done wrong,"

Brazilian President Luiz Inacio Lula da Silva told his Italian counterpart

Giorgio Napolitano in Rome on Monday.



Lula added that the crisis was a chance "to create a

new world order in which human beings, workers, social development and cultural,

scientific and technological production are the driving forces of the economy

rather than financial speculation," according to Italian News Agency ANSA.

Napolitano underlined the importance of involving

emerging countries in addressing the crisis ahead of a summit by the Group of 20

(G20) most powerful economies due to take place in Washington on Saturday.

"I am sure that emerging countries like Brazil can

make a significant contribution to the creation of concerted and incisive

policies on the international level," he said.

Lula said he would attend the signing of a number of

strategic business deals between Italy and Brazil during his four-day visit to

Rome, adding that trade between the two countries had doubled in the last five

years and was now worth eight billion dollars.

The Brazilian president is due to meet Italian

Premier Silvio Berlusconi on Tuesday and will be received by Pope Benedict XVI

on Thursday.

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