Global governance reform should reflect new balance: Sarkozy

French President Nicolas Sarkozy promoted Tuesday for a "cooperative" and "coordinated" reform of global governance to reflect the new realities and new balance in the world.

"Global governance must be reformed to reflect new realities and new balances in the world," Sarkozy said in an exclusive interview with Xinhua.

"We are in the 21st century, but we function with the institution of the 19th century, all the people well know that this kind of thing can't work," he said.

Accordingly, he called for a governance reform that could provide corresponding status to emerging economies like China, India, Brazil and South Africa.

Sarkozy referred to the development of emerging countries, which were already markedly global powers, as "chance for the world."

"It's simply an illusion of wishing to face the immense challenges our world is confronting" in the 21st century without the emerging powers, Sarkozy underlined.

"But the status of a great power also implies many responsibilities ... and I trust the leaders of these countries to take full measure of their responsibility as they involved in the global development," he said.


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