NEW YORK, Nov. 20 (Agencies) – World Bank chief Robert Zoellick has urged the US and the European Union to improve ties with Russia to tackle the global financial crisis.
“I hope relations with Russia will be guided by a farsighted vision that can create durable, peaceful, mutually beneficial ties,'' Zoellick said at Berlin's Humboldt University on Wednesday.
Zoellick urged the international community to forget tensions with Russia and called for emerging economic powers to help solve the common problem of the ailing economy.
“Today's financial crisis could be an opportunity to develop sounder economic relations that might be a foundation, with Russia's help, to build cooperation in solving common problems,'' he added.
He called for the international community to recognize the growing economic power of the world's leading emerging economies such as Russia and China.
"As the financial crisis has shown, we need more than the Group of Seven to address today's 21st century problems," he said.
"Rising economic powers such as China, India and Russia must be part of the solution," he told the audience in Berlin.
Zoellick also called for the joint efforts by Germany and its European partners to help Ukraine, Moldova and the Caucasus with the financial challenges the nations face.
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