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

George Bush would visit Ukraine

Brussels: Bush accepted Yuschenko's proposal and would visit Ukraine more »

EU-US summit opens

US President George W. Bush is attending a special summit between the US and the EU in Brussels today more »

Ukraine Participation in Russian Economic Zone in Doubt

Ukraine's new leaders have stopped short of rejecting membership in a new Moscow-led economic bloc of four ex-Soviet republics, but say the plan could hurt their European Union aspirations more »

Moscow shift: Ukraine, Georgia out of orbit

The Kremlin signaled a fundamental foreign policy shift today, acknowledging that two former Soviet republics, Ukraine and Georgia, are no longer part of the Russian orbit. more »

ECONOMIC INTERESTS

President of the self-proclaimed republic of Abkhazia Sergei Bagapsh believes that Sochi (March 6-7, 2003) Agreements must provide the basis for negotiations with Georgia more »

Multinational Black Sea Task Force

President Seeks Participation In Transdniester Talks, Multinational Black Sea Task Force more »

Latvia wants Russia to reject interstate declaration

Latvian Prime Minister Aigars Kalvitis said the Latvian Foreign Ministry has knowingly proposed a draft interstate declaration which cannot be accepted by Russia more »

NEW INITIATIVE OF KAZAKHSTAN'S PRESIDENT

Kazakhstan's President Nursultan Nazarbayev has proposed forming the Union of Central Asian States more »

Tbilisi Denies “Terrorists” Enter Russia from Georgia

Badri Bitsadze, the Commander of the Georgian Border Guard Department, denied allegations made by Russian Defense Minister Sergey Ivanov claiming that “terrorists” are entering Chechnya from Georgia more »

Saakashvili Hails MP Downsize

Georgian President Mikheil Saakashvili welcomed the decision of the Parliament to reduce the number of parliamentarians from the current 235 to 150, referring to it as “historic” more »