The debate over the issues to be discussed at the London Summit goes global this week as Prime Minister Gordon Brown, who will chair the 2 April event, travels to heart of Europe, the United States, and Latin America for key meetings.

Speaking to MPs on 23 March, Mr Brown said that the outcome of last week's meeting of the 27 member states of the European Union has shown that leaders were determined to 'reshape the global financial and trading system' and do what was necessary to build economic recovery across the world.

'At this moment of international economic crisis, we are showing that Europe and the world can work together to achieve coordinated interest rate cuts, substantial fiscal stimulus, banking reform, new rules for tax havens, and new rules for remuneration,' he said.

At the European Spring Council meeting on 19 and 20 March, leaders agreed to agreed to develop principles to regulate the banking sector and to make €75bn available to the International Monetary Fund to support the developing world, and €25bn for fragile, non-eurozone states.

He said they also agreed to adopt international principles on remuneration in the financial sector based on the approach of rewards for long term success, rather than for excessive risk taking.

'The council was clear that by acting together the EU can put its financial sector on a sound footing, get credit flowing to the real economy and protect its citizens from the worst impacts of this crisis,' he said.

On 24 March the Prime Minister will travel to Strasbourg to address the European Parliament ahead of a visit to New York where he will have brief meeting with UN Secretary General Ban Ki-moon.

On 27 March he will join U.S. Vice President Joe Biden, the presidents of Argentina, Brazil, Chile and Uruguay and the Prime Minister of Norway at the Progressive Governance Conference in Santiago.