决议案草案英文版

Draft resolution

Committee: International Monetary Fund

Topic: Restart the gold exchange system in euro area and lead the world out of debt crisis."

Sponsored by: UK, France, Germany，USA，Japan

Signatories:…….

The General Assembly,

Bearing in mind the purpose and principles of IMF ----to promote international currency cooperation, and provide method for international currency problem of consultations and collaboration; to promote and maintain the employment, production resources of development, and actual income of high level in the member states, as an economic policy of primary target; to stabilize international exchange rate, maintain the order of currency arrangements in the member states, and avoid competition of currency devaluation.

Deeply concerned about Sovereign debt crisis and internationalization of RMB Convinced that international cooperation and the following measures can recover the world economy and solve the sovereign debt crisis.

1. Establish a gold /silver double exchange system in Euro area

a. The currency in this system is supervised by the World Bank and

International Monetary Fund (IMF).

b. The euro and gold /silver exchange ratio is determined by IMF. 2．Restructure IMF and world bank under the supervision of the European central bank.

a. The required amount of gold and silver for exchanging with euro is determined by IMF, 51% of which are funded by European Central Bank, Bank of England, Bank of Japan and the U.S.Federal Reserve Bank, and the rest are funded by all banks of the other countries according to their proportion of gold and silver shares. The European Central Bank committee members supervised by IMF are from representatives from different countries holding gold and silver shares. The chairman are elected by them and recommended to IMF. Afterwards, the country holding the corresponding number of votes has the right to election.

b.The shareholders of the newly restructured can only be from national central banks of different countries. The chairman is elected in the same way with the chair of European Central Bank committee. Gold and silver reserves of the world should be transferred to the European Central Bank, and then accordingly, different countries can get euro from it. Under any conditions, Euro can be exchanged to the corresponding gold and silver in European Central Bank, the U.S. Federal Reserve Bank and the Bank of Japan under the supervision and management of IMF and international banks

c. Gold and silver in the international market is supervised by IMF, and they are not accessible to any countries except European countries.