Brown supports India's bid for permanent seat in Security Council
New Delhi, Jan 21 (UNI) British Prime Minister Gordon Brown today unequivocally supported India's bid for a permanent seat in the United Nations Security Council and argued for reform of the International Monetary Fund(IMF), the World Bank and the G-8 to reflect the rise of India and Asia.
In a subtle endorsement of the Indo-US nuclear deal, Mr Brown said Britain will press for an early agreement to a new IAEA-led international system to help non-nuclear States acquire the new source of energy they need, including through an "enrichment bond." But this offer must be made only in return for firm commitments to the highest non-proliferation standards, he said.
"We can and must do more to make our global institutions more representative," Mr Brown said in his address to the Indian industry.
"I support India's bid for a permanent place --with others-- on an expanded United Nations Security Council. And I support changes to the IMF, World Bank and the G-8 that reflect the rise of India and Asia", Mr Brown said.
Mr Brown's case for a new international nuclear treaty was based on the premise that all around the world there was significant new interest in nuclear power as a source of energy supply and this increased interest brought with it increased risk of proliferation.
The theme of Mr Brown's address was 'Building a new global society; the renewal of International Institutions.' Commerce and Industry Minister Kamal Nath also spoke on the occassion.
The event was jointly organsied here by the Federation of Indian Chambers of Commerce and Industry(FICCI) and the Confederation of Indian Industry(CII).
Mr
Brown
said
there
was
an
urgent
need
for
financing
of
environmentally
sustainable
development.
"So
while
we
strenghten
the
World
Bank's
focus
on
poverty
reduction,
its
capacity
and
global
reach
should
also
make
it
a
bank
for
environment--ensuring
that
its
development
programmes
provide
an
interegrated
approach
to
both
poverty
eradication
and
climate
change." MORE
UNI
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RS1157