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Prime Minister Mark Carney joined leaders from the European Union, India, Australia, Brazil, Kenya and Barbados in launching a diplomatic effort by middle powers and developing countries to support the work of the United Nations and protect international co-operation. (Financial Times, The Logic)
Talking point: “Economic ties are increasingly used as instruments of pressure and coercion,” reads a Financial Times op-ed credited to Carney, European Council President António Costa, Brazilian President Luiz Inácio Lula da Silva and Kenya’s President William Ruto. “The question is not whether multilateralism can survive, but how it must evolve to meet the realities of our time.” In his January speech in Davos, Carney urged countries caught between competing superpowers, such as the U.S. and China, to stand together. The new initiative, Partners for Multilateralism (P4M), launched on the sidelines of the UN General Assembly.
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