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US's Geithner says emerging economies need more say

Published 07/28/2009, 09:30 AM
Updated 07/28/2009, 09:32 AM

WASHINGTON, July 28 (Reuters) - U.S. Treasury Secretary Timothy Geithner, opening a second day of economic talks with China on Tuesday, said he wanted to find a way to give key emerging economies more say in global financial institutions.

"Today, we will discuss governance reforms to help the IFIs (international financial institutions) be more representative of dynamic emerging economies, as well as strengthen their capacity to prevent future crises," Geithner said in prepared remarks.

A two-day Strategic and Economic Dialogue with Chinese officials wraps up later on Tuesday with press conferences and a closing communique. (Reporting by Glenn Somerville; Editing by Theodore d'Afflisio)

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