La Paz, Mar 29 (Prensa Latina) Bolivian President Evo Morales on Sunday is flying to Doha, Qatar, for the Second Arab-South American Summit, where he will advocate for a new multilateral world order to face the current global financial crisis.

Bolivia lacks economic and military power, but it does have initiatives aimed at dealing with the financial, food, energy and environmental crises, Foreign Minister David Choquehuanca said at a news conference.

According to the official, Morales will express his ideas while addressing the Arab and South American leaders attending the Doha meeting.

Morales has insisted on the need to build a new world order to replace the failed economic and social policies imposed by the capitalist system, he added.

He has also urged to take a responsible stance to counter the negative effects of climate change and to launch a crusade to nationalize public services as electricity, water, education and public health.