G-8 Leaders Focus On Third World

Published: 24 July 2000 y., Monday
In a communique issued at the conclusion of their three-day summit, the leaders cited "unprecedented economic progress" by many world nations and agreed that more must be done to spread that prosperity to poorer nations. "The 21st century must be a century of prosperity for all," they said. They said their countries must work harder to relieve the debt burden of developing nations. "We must for our part promote more responsible lending and borrowing practices to ensure that (poor countries) will not again be burdened by unsupportable debt," the communique said. German Chancellor Gerhard Schroeder, whose country agreed to restructure $4 billion of Russia's debt, suggested that wealthy nations hold back demands for poorer countries to pay off their loans. "It would be better to put the money in health and education systems in these countries," he told reporters. The Okinawa meeting was the first "development summit" for the Group of Eight - leaders of the seven richest industrialized nations and Russia, and the last G-8 meeting for President Clinton. Clinton announced that the United States will send $300 million in surplus farm crops to provide school lunches in the developing world. The eight countries set a goal of universal primary education for all the world's children by 2015, and gender equality in schools by 2005. Currently, 100 million children in developing nations are not in school. They also vowed to reduce by the year 2010 the number of HIV-infected young people by 25 percent, tuberculosis deaths by 50 percent, and the burden of diseases associated with malaria by 50 percent.
Šaltinis: AP Online
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Lithuanian, Latvian and Estonian Presidents to gather for the annual traditional meeting next week

The meeting will be followed by a joint press conference of the Baltic leaders. more »

Angela Merkel: Lithuania’s advantage is its lean and flexible economy

During his visit to Brussels, Prime Minister Andrius Kubilius met with German Chancellor Angela Merkel. more »

EU Unity and Solidarity Results in the European Council

Upon the completion of the second working session of the European Council, Prime Minister Andrius Kubilius welcomed its results and the agreements it had reached. more »

EU Leaders Have Agreed on the Additional Funding for Electricity Interconnections

After the first working session of the European Council that ran late into the night, Lithuanian Prime Minister Andrius Kubilius welcomed the agreement on an additional EUR 5 billion investment in European energy and infrastructure projects. more »

Meeting of Nordic and Baltic Heads of Government in Brussels

In Brussels, Prime Minister Andrius Kubilius attended the meeting of Nordic and Baltic Prime Ministers – the meeting which is traditionally held to discuss their opinions right before the first working session of the European Council. more »

New Ambassador to Germany

Today the Lithuanian Government has approved nomination of Mindaugas Butkus as Ambassador Extraordinary and Plenipotentiary to Germany and has submitted his candidacy to the President. more »

Importance of EU energy and economic cooperation underlined by the Presidents of Lithuanian and Bulgaria

President of the Republic of Lithuania Valdas Adamkus met with President Georgi Parvanov of Bulgaria who arrived in Lithuania on a state visit. more »

President Extended St. Patrick’s Day Congratulations to the People of Ireland

President Valdas Adamkus extended congratulations to President Mary McAleese of Ireland on the occasion of national holiday – St. Patrick Day. more »

Prime Minister’s Greetings to New Latvian Prime Minister

Prime Minister Andrius Kubilius sent a telegram with greetings to new Latvian Prime Minister Valdis Dombrovskis. more »

President of Bulgaria to visit Lithuania next week

Next Monday, March 16, the President of the Republic of Bulgaria Mr. Georgi Parvanov and a delegation arrive in Lithuania on a three-day state visit. more »