We need new partnerships in fighting terrorism and building peace.

Globalisation has made us more vulnerable. It creates a world without borders, and makes us painfully aware of the limitations of our present instruments, and of politics, to meet its challenges.

Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.

The world is richer than ever, and the gaps between rich and poor are wider.

One of the gaps in our international development efforts is the provision of global public goods - that is, goods or conditions we need that no individual or country can secure on their own, such as halting global warming, financial stability and peace and security.

The globalisation of information makes people aware of what they have - and have not. Problems and oppression are impossible to hide, and the new and powerful tools of information provide us with more opportunities than ever to react and act.

The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.