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

KAZAKH BANKS PROMISE TO STAY OUT OF POLITICS

The heads of seven major Kazakh banks issued a statement on 2 December pledging support for President Nursultan Nazarbaev's policies and promising to stay out of politics more »

The Controversial Proposals

EU ministers move forward on controversial data retention proposals more »

Russia, Turkey weave closer economic ties

The Russian leader is to meet Turkish President Ahmet Necdet Sezer and Prime Minister Recep Tayyip Erdogan and oversee the signing of six cooperation agreements, including defense, finance and energy accords more »

Senate moves to extend labour-market access

The Senate has voted in favour of a government plan to ease access to the Swiss labour market for citizens of the ten new European Union member states more »

PM holds talks with Putin

Prime Minister Manmohan Singh on Friday held wide-ranging discussions with visiting Russian President Vladimir Putin on bilateral, regional and international issues more »

Estonia to participate in EU battle groups

Estonia will participate in the European Union's (EU) battle groups that will be deployed in the future for the regulation of different crises more »

A critical resolution

Lithuanian parliament will cooperate only with democratically orientated Belarusian National Assembly, speaker says more »

Ministers of Foreign Affairs of Armenia and Azerbaijan to Meet I

The Armenian and Azeri foreign ministers are to meet in Sofia soon, Armenia's minister Vardan Oskanyan said in interview with Public Television of Armenia more »

SIDES AGREE TO NEW VOTE

Negotiators made a breakthrough in Ukraine's election crisis on Wednesday, with all sides concerned agreeing to new elections under terms stipulated by the Supreme Court more »

Japan supports panel's UNSC reform proposals

Tokyo wants on board; Hosoda seeks veto power more »