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Twenty years after the Berlin Wall fell, World Trade Organisation chief Pascal Lamy called Monday for world governance to be strengthened around the G20, international organisations and the UN.
"The fall of the Berlin Wall was indeed a turning point in globalisation, the end of the Cold War led to an unprecedented era of economic openness," Lamy said in a speech at Bocconi University in Milan, northern Italy.
"And 20 years later the world is in a state of serious distress," he added, citing the "worst economic crisis", global warming and nuclear proliferation.
"Global challenge