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| Ashdown calls for euro-dollar pact ![]() Sir Paddy Ashdown still exerts influence within the party Former Liberal Democrat leader Sir Paddy Ashdown is calling for the European Union to develop stronger political institutions to help turn it into an "economic giant". In a paper published on Monday, Sir Paddy also proposed the development of a currency stability pact between the euro and the US dollar as a step towards "economic global governance". He also said the EU could no longer expect America to "bail us out" of problems in our own sphere of influence, such as the Bosnian and Kosovan conflicts.
Financial force In the paper he stated: "The EU seems to believe that we can create an economic giant, while still having the luxury of remaining a political pygmy - that we can once again leave it to someone else to come in and bail us out in our own backyard." An international agreement, similar to that after World War II which set up the World Bank and International Monetary Fund, is needed to establish a formal structure for the relationship between the euro and the dollar, he wrote. Calling for major changes in the United Nations to improve its peacekeeping capacities, Sir Paddy also addressed the issue of international justice.
Sir Paddy wrote: "Perhaps we could agree that the people of a nation have a special right, which others do not have, to forgive a dictator for actions from which they, after all, are likely to be the principal victims. "However, if that dictator leaves the sanctuary in which his own citizens have agreed to put him, then outside his country he must expect to suffer the full rigours of international law for the crimes he has committed. "Forgiveness can be national, but justice must be international." Sir Paddy, who has made it clear that he wants to avoid distracting attention from his successor as leader Charles Kennedy, is making no speeches at the official conference this week. |
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