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April
15, 2000
UNDATED,
APR 14 (AP) - The 133-nation Group of 77 developing countries is
proposing sweeping changes to help poor countries ease poverty and join the
global technology revolution. A summary of draft proposals:
-
Reform
international financial systems to give developing countries a greater
voice, to limit volatility that damages their economies and to encourage
investment in the Third World. Limit interference in domestic politics.
-
Work
toward the cancellation of "unsustainable" debt while
expanding government-to-government aid.
-
Give
products of developing countries greater access to the markets of
developed countries. Create a development fund within the World Trade
Organization. Help stabilize prices of commodities of developing
countries.
-
Liberalize
rules on movement of labor from country to country to mirror
liberalization of rules on capital flows.
-
Expand
the role of the Group of 77. Name spokesmen for the Group of 77 to
present the developing world's case before groups such as the
Organization for Economic Cooperation and Development to urge that joint
steps taken by the rich do not hurt the poor.
-
Work
through the United Nations and other organizations to encourage transfer
of technology to poor countries.
-
Encourage
poor countries to spend on phone and power services that are essential
for information technologies, as well as on education.
-
Develop
a broad range of educational and financial exchanges between developing
countries. Link stock exchanges of developing countries.
-
Encourage
the United Nations to take a greater role in development.
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