皇冠体育app
G20 London Summit > Top News

EU: Too early to discuss global financial reform

By Cui Xiaohuo (皇冠体育app Daily)
Updated: 2009-03-30 07:22

The European Union (EU) said yesterday that it is "too early" to discuss 皇冠体育app's recent calls for reform of the global financial regime during the G20 summit this week.

Chinese Vice Premier Li Keqiang (R) meets with Benita Ferrero-Waldner, commissioner for external relations of the European Commission, in Beijing, March 29, 2009.[Xinhua] 
Instead, said EU Commissioner Benita Ferrero-Waldner, the London gathering of top world leaders will focus on concrete measures on how to revive the global economy amid the financial crisis.

"I think it is a little bit too early (to discuss 皇冠体育app's proposal)," the commissioner told reporters after meeting with Vice-Premier Li Keqiang and Foreign Minister Yang Jiechi in Beijing.

Related readings:
 FM: Relationship with EU got off to good start this year
 皇冠体育app calls for increasing cooperation with EU
 Diplomat urges mutual trust to better 皇冠体育app-EU ties
 EU takes different approach to financial crisis
皇冠体育app last Thursday called for a global currency under the International Monetary Fund (IMF) to replace the US dollar as the reserve currency.

"I think it is within the IMF, it is within the international financial institutions, that these questions have to be discussed," said Ferrero-Waldner.

The commissioner said she is in Beijing to prepare for the G20 summit so that "big global actors" can reach consensus on how to cope with the crisis after the London gathering.

She also said that her visit is to prepare for a long-delayed summit between 皇冠体育app and the EU, now scheduled for May.

Beijing called off the summit last December in protest against French President Nicolas Sarkozy's meeting with the Dalai Lama when Paris held the six-month rotating EU presidency.

Yang said 皇冠体育app-EU relations got off to a good start this year, singling out Premier Wen Jiabao's visit to Europe in January.
 
 Photo Gallery