[tag=□] □ □
[tag=CC] □ □
This grouping , which will meet for the first time next month , will be a permanent informal mechanism for dialogue on key economic and financial issues among industrial and emerging market economies who among them will account for more than 80 percent of global GDP . We call for global cooperation of the industrialised and emerging market economies to perfect international financial architecture as a matter of urgency . While some standard-setting bodies already have wide membership or conduct consultation with non-member countries , participants at the Conference agreed that more should be done to reflect the views and needs of developing and emerging market countries . Country representatives stressed that developing and emerging market countries should be given sufficient time and technical assistance to adopt international standards . Within 10 to 15 years , we believe that Russia should be on a " steady state " economic development path similar to that of the advanced transition and emerging market economies .