WORLD
G8 nations are 30 billion dollars short of meeting their increased aid pledge at a time when their economies are flourishing to a degree not seen for 30 years.
PARIS: Group of Eight rich countries, gathering for a summit this week, are under fire from Africa and activist movements that accuse them of reneging on aid pledges at a time when China is looming large on the continent.
"I am sorry to say that the promises made at Gleneagles have not been kept," Niger Prime Minister Hama Amadou said at a recent meeting to prepare for the G8 summit, to be held June 6-8 in the German Baltic Sea resort of Heiligendamm. It was at a G8 gathering in Gleneagles, Scotland two years ago that the leaders of Britain, Canada, France, Germany, Italy, Japan, Russia and the United States vowed to increase aid to developing nations by 50 billion dollars a year by 2010, of which 25 billion dollars would be earmarked for Africa. It was also agreed that the multilateral debt of 18 of the world's poorest nations would be immediately cancelled. While the debt commitment has been met, according to non-governmental organisations, the aid pledge made at Gleneagles has languished.
Action Aid recently released a report in London sharply critical of G8 compliance with commitments made at the Gleneagles gathering, which was backed by mass pop concerts in cities worldwide calling for an end to poverty in Africa. "In 2005 there was a massive public mandate worldwide calling for an end to poverty but the G8 are just defrauding the public and failing Africa," said Collins Magalasi, Head of Action Aid's South Africa Country Programme. "Aid to Africa fell short by eight billion dollars in 2006 despite the G8's pledge at Gleneagles to increase aid," he said, noting that Germany, France and Italy were each responsible for around two billion dollars of that shortfall. "It's time for them to back their promises with money," he insisted.
Oxfam International said this week that the G8, under pressure from Canada and Italy, was in fact hesitant even to renew its Gleneagles promises. "It is outrageous that the countries of the G8 are not even in a position to reiterate their 2005 commitments," said Sebastien Fourmy of Oxfam France. "They are breaking their word and dodging their responsibilities."
Oxfam estimates that G8 nations are 30 billion dollars short of meeting their increased aid pledge at a time when their economies are flourishing to a degree not seen for 30 years. A report in early April from the Paris-based Organisation for Economic Cooperation and Development concluded that aid to poor countries provided by its industrialised member nations declined 5.1 percent in 2006 and was likely to fall further this year. "The G8 is confronting a credibility crisis in Africa," noted a European official specialising in Africa at the OECD.
The Group of Eight at Gleneagles also made a commitment to spurring progress at deadlocked multilateral trade liberalisation talks. The negotiations, which were launched in the Qatari capital Doha in late 2001, aim to boost living standards in poor countries through the fruits of freer trade. But the negotiating process has foundered ever since in the face of US and European determination to protect their agricultural sectors.
Germany, as host of the upcoming G8 summit, is expected to announce an increase in its annual assistance to poor countries of 2-3 billion euros (2.7-4.0 billion dollars), according to German press reports. The G8 as a whole could in addition pledge fresh money to the global battle against AIDS, tuberculosis and malaria, the reports said. But G8 members also intend to use the summit to demand greater transparency from African governments in the administration of public funds and might take the occasion to warn China on its lending policies in Africa.Western powers fear that China, anxious to secure access to African natural resources, may be lending money too freely to the continent.
Badshah breaks his silence on dating rumours with Pakistani star Hania Aamir: ‘We have a lot of…’
Delhi pollution: Air quality deteriorates to 'severe' category in Delhi-NCR; AQI at 419
'I think bro is her EX': Man performs risky bike stunt with burqa-clad woman in Bangladesh, watch
Viral video: Little girl's power-packed dance to 'beer song' melts hearts online, watch
Explained: Why India must win the 1st Test against Australia in Perth
Raima Sen mourns Bharat Dev Varma's demise, pens emotional note for 'great father, great husband'
DNA TV Show: Ahead of Maharashtra poll results, MVA, Mahayuti engage in resort politics
Maharashtra: Stage set for assembly poll results; Mahayuti, MVA confident of their victories
All set for vote counting in Jharkhand tomorrow; NDA, JMM-led alliances confident of winning
Watch: Australia star inquires Rishabh Pant about his next IPL team, gets 2-word reply
Shah Rukh Khan’s house Mannat was first offered to his industry rival…, but he refused because...
The Visionary Who Promises a Blue Sky for India: Holger Thorsten Schubart’s G20 Climate Speech
The Surge of High-End Living: Luxury Residential Market to Outpace Other Segments
FeFCon 2024 to be Held in Bangalore: A Premier Event on Fever Management
'That’s wild': Noida man turns cigarette butts into teddy bears in viral video, watch
London Airport evacuates passengers over security threat, thousands stranded
The World’s First Innovative Iron Supplement to Combat Iron Deficiency and Anaemia
Meet grandmother who became fashion icon after trying on her granddaughter’s clothes
IND vs AUS: Rishabh Pant joins Virat Kohli, Rohit Sharma in elite WTC list, becomes 3rd Indian to...
'All scripted drama...': Puneet Superstar allegedly assaulted by influencers in viral video, watch
Actress Ana de Armas caught kissing Cuban President Miguel Díaz-Canel’s son in viral photos
Oreshnik's Shadow: Will Russia's hypersonic missile force west to back down?
‘You’re So Beautiful’: World’s tallest woman meets world’s shortest woman over tea, pics go viral
Delhi-NCR Air Pollution: Consequences of GRAP-4 are drastic, may have adverse effects, says SC
Delhi-NCR Air Pollution: Schools likely to stay closed till..., check city-wise update
Maharashtra: 3 killed, 9 hospitalised after gas leak at fertiliser plant in Sangli
THIS farm is selling a cup of coffee for Rs 28000, but there's a twist, it is...
Chhattisgarh: 10 Maoists killed after encounter with security personnel in Sukma
Mukesh Ambani's SUPERHIT plan for Jio users, offers unlimited 5G access for 1 year for just Rs...
IND vs AUS 1st Test: KL Rahul's dismissal sparks DRS controversy in Perth Test
Dense fog, heavy rain predicted in these states till November 25; check here
Oreshnik Hypersonic Missile: Which nations are within its range?
Bihar teacher, principal reach school in drunken state; know what happened next
'I have faced a lot of...': Arjun Kapoor REVEALS his biggest fear amid break up with Malaika Arora
How millions of Indians may get affected due to US indictment of Gautam Adani in bribery case
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan says 'missing someone is okay but...'
After Bibles, watches and sneakers, Donald Trump is now selling autographed guitars, price is...
Delhi pollution: Air quality improves to ‘very poor’ category, AQI at...
Vladimir Putin's BIG threat, warns he could strike UK with new ballistic missile if...
Shillong Teer Results TODAY November 22, 2024 Live Updates: Check winning numbers here