Government is seeking representation in global financial institutions, and more autonomy to negotiate commercial treaties in a more modern partnership with the UK.In its submission to the Foreign and Commonwealth Office which is consulting on a new White Paper on the colonies, the Government begins by addressing the “balance of power” between the United Kingdom and its Overseas Territories.At least two of those points relate to greater autonomy in treaty negotiation and representation in financial institutions, according to excerpts of the document obtained by The Royal Gazette.It is understood that Government will be making its submission public today.The submission says that with respect to “negotiation of commercial treaties including air links and International Investment Protection and Promotion Agreements,” Overseas Territories must have “greater autonomy and latitude in the negotiation and finalisation of such agreements”.It goes on to say that “given the systemic issues that have challenged the international financial system in recent years, it is sensible to enable international financial centres such as Bermuda to have access to decision-making seats in global organisations that oversee the international financial infrastructure. The World Trade Organisation presents an excellent working model in this regard.”And the submission notes that “mutual respect and accommodation should underpin the relationship as opposed to a more outmoded paternalism that is characterised by prescriptive actions.“Also as part of the joined-up Coalition Government one would hope that the apparent genuine efforts by Minister Bellingham are not being undercut by competing and contradictory actions taken by other UK Ministries so one ends up with a zero-sum game.“For example, efforts to assist OTs in rebuilding their revenues should not be undermined by other organs of HMG seeking to aggressively woo business from OTs.”Minister for the Overseas Territories Henry Bellingham launched consultation with people and leaders of the Overseas Territories in September last year. A new White Paper on the Overseas Territories is expected to be produced this summer.