Gold prices edge higher on Aug. 20th    Egyptian pound opens flat on Wednesday    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt expresses 'deep dissatisfaction' to Netherlands over embassy attack    Global pressure mounts as Gaza fighting intensifies and death toll surges    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    At TICAD, Egypt's education minister signs pacts with Casio, SAPIX    Madbouly invites Japanese firms to establish industrial zone in SCZONE    Cairo, Tokyo sign LOI to expand educational cooperation, support for persons with disabilities    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Al-Sisi meets Qatar PM, Bahrain security adviser to discuss Gaza crisis, regional stability    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Japan cool on Sarkozy's G14 proposal
Published in Daily News Egypt on 28 - 08 - 2009

TOKYO: Japan expressed reservations Thursday against a plan by French President Nicolas Sarkozy to expand the G8 group of industrial powers into a G14 by including major emerging economies.
Is this something that France can decide unilaterally? asked Japan s top spokesman Takeo Kawamura in his regular press conference.
If the summit was to be transformed into a G14, it would be necessary to make clear on what basis we do so, the chief cabinet secretary was quoted as saying by the Jiji Press news agency.
Sarkozy said Wednesday he plans to push for the G8 group of industrial nations - Britain, Canada, France, Germany, Italy, Japan, Russia and the United States - to become a G14 when Paris presides over the group in 2011.
I note with pleasure that the transformation of the G8 into the G14 has taken a decisive step forward, Sarkozy told a meeting of French ambassadors in Paris, noting that France has supported Brazil s call for an end to the G8.
The Canadian presidency in 2010 will conduct the bulk of its summit as the G14 and we intend to totally finish the transformation into the G14 under the French presidency in 2011, he promised.
Already at this year s G8 summit in L Aquila, Italy, the G8 was joined by emerging economic giants Brazil, India, China, South Africa, Mexico and Egypt.
The G8 already includes the biggest emerging economies in some of its deliberations, but retains its own identity as the most influential world economic policy forum, despite mounting calls to broaden its base.
Japan and some other G8 members have resisted formally abandoning the G8 structure, arguing that more members would find it harder to reach a consensus on major economic policy issues. -Agencies


Clic here to read the story from its source.