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With the state of the universe increasingly ulcerous, with the Group of Eight and the United Nations Security Council hardly representative of the new global order, Mr. Paul Martin, former Prime Minister of Canada, has intensified his campaign for a new international body of 15 or 20 powers to give global governance a chance.
While not divulging details, Martin said his talks with the U.S. presidential contenders, particularly the Democrat, Barack Obama, were most encouraging. “The Obama people … understand this issue. They understand that the United States has to do things differently.” The stated preference of Mr. McCain is for a league of democracies. But Mr. Martin explained that, for a new body to be effective, it can't leave out megapowers such as China. He described how his G20 campaign has picked up support from China, France, Britain and others. It's “going to happen,” he said. It's “inevitable.”
The Group of Twenty (G20) finance ministers and central bank governors was
established in 1999 in the area of finance... The first G20 gathering, hosted by Germany and co-chaired by Canada, took place in Berlin on December 15-16, 1999. The G20’s members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States and the European Union.
The work of the G20 finance group has led to discussions of other “20” groups.