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Weekly Report - 10 July 2008 (ISSN 1741-7422)

BRAZIL: Recognition, but still no membership

Brazil's President Lula da Silva declared during the latest G-8 summit of leading nations in Japan that “there has been an evolution in thinking and it is no longer possible for [leaders of] rich nations to meet without taking into account the changes in the global economy in the past 10 years." Lula went on to say that the peripheral participation of leaders of leading developing countries, like him, in the G-8 summit was a “recognition" of this reality, not least because without the participation of developing nations “very little can be accomplished". However, full membership for nations like Brazil, China, India, Mexico and South Africa, the so-called G-5, in the premier group, is still not in sight.

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