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

Integration Aspirations of Belarus

Lukashenka: EU and USA Bring Pressure On Minsk Because Of Friendship With Russia more »

The Development of Bilateral Ties

Chinese president vows to further political, economic ties with Azerbaijan more »

Putin wants good relations with Ukraine

Russian President Vladimir Putin made a one-day fence-mending trip to Ukraine on Saturday to seek assurances the country's new government will not drive the two countries apart more »

EU leaders meet on Russia ties

FRENCH President Jacques Chirac tomorrow will host the leaders of Germany, Spain and Russia for informal talks and a working dinner aimed at repairing strained ties between Europe and Russia more »

Russian and Ukrainian leaders to meet in Kiev

Russian President Vladimir Putin will pay a visit to Ukraine on March 19 to meet his Ukrainian counterpart Viktor Yushchenko more »

Crown stays strong in face of government crisis

The current turmoil in the ruling coalition has been seen by many politicians as a major shake-up for the whole country more »

The SLD and President pressure Belka to stay in office beyond Ma

The Democratic Left Alliance (SLD) asked Prime Minister Marek Belka not to submit his resignation before the European Council summit which will be held in Warsaw in mid May more »

A Special Governmental Consultative Meeting

Russian Government Preparing Proposals on Revision of Trade with Moldova more »

Moldova's Top Court Upholds Election Results

Moldova's Constitutional Court today upheld the ruling Communists' victory in parliamentary elections earlier this month more »

Moscow Hopes to Launch Talks over Military Bases in March

Russia hopes to hold consultations with the Georgian side over the Russian military bases stationed in Georgia “in the third decade of March” more »