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Petr Ježek
Born in Prague in 1965. A graduate of Prague’s University of Economics, Petr Ježek joined his country’s Ministry of Foreign Affairs and served as a diplomat. For some ten years, he held relatively high posts related to the country’s ties with the EU, e.g. heading the Foreign Ministry’s European Integration Department and serving as Deputy State Secretary for European Affairs. He also worked as chief of staff of then Czech Prime Minister Vladimír Špidla. In 2014, Petr Ježek was elected Member of the European Parliament on the ballot of the ANO 2011 party.
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Petr Ježek on Wednesday participated in a panel debate on the issue of the internationalization of China's currency, the Renminbi (RMB). The process has formed part of China's response to the global financial crisis as the country was affected also due to the fact that the leading world reserve currency is the US dollar. The question of whether the RMB becomes a global reserve currency has since been at the forefront of the minds of many in the financial world.
Wednesday’s discussion took place following the release of a report on how this process is impacting global markets, foreign policy and financial regulation across the globe.
“Europe is perceived in Asia as losing influence in the world, and being rather a part of history rather than key to the future. The EU needs to take initiatives to engage with Asian partners to ensure that as their markets grow, we also can prosper. However, we still have some way to go in terms of developing a comprehensive understanding of the politics of China and surrounding countries,” Petr Ježek said at the debate.
The event was held during the Chinese Prime Minister Wen Jiabao’s visit to Brussels where he is taking part in the 40th EU-China summit. On this occasion, Petr Ježek also took an initiative to write to Commissioner Jonathan Hill to encourage him to travel to China and other countries in Asia in order to start a high-level dialogue on mutual recognition schemes across sectors in financial services.