国际英语新闻：France pledges financial reforms for its G20 presidency

"For agricultural raw materials, several opportunities could be explored: market transparency; inventory policies, but also the creation by international financial institutions of insurance- tools to allow importers to protect themselves from price volatility," he added.

Regarding energy prices, the French president said France would suggest proposals to improve market transparency and begin "a dialogue between producers and consumers to limit price fluctuations."

He proposed the formation of a G20 "secretariat" to oversee the implementation of important decision of summit, with a role in development et climate measures.

The G-20, a forum composed of 19 countries and the European Union, regularly convenes financial ministers and central governors from members for cooperation and consultation on matters in relation with the international financial system.

Collectively, the G-20 economies cover two-third of the world population and comprise over 90 percent of global gross domestic product.