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Friday 31 October 2008, San José, Costa Rica 

Ibero-Am Summit Opens in El Salvador
Lula Demands New World Economic Order
Resounding Cuban Victory at UN
Venezuela Condemns U.S. Air Attack On Syria
Bolivia: Coca Leaves Eradication
 
Lula Demands New World Economic Order
SAN SALVADOR -  Brazil's president Luiz Inácio Lula da Silva, blamed the First World for the financial crisis and demanded the voice of poor countries be heard when a new world economic order is designed.

Poor nations “are victims and not guilty” for the crisis, he stressed in his speech before the 18th Iberoamerican Summit being held today in this capital.

The statesman referred to the need to adopt mechanisms and controls that prevent new crisis from happening while speculation intensifies affecting the real economy.

“Youth is very important at this moment humankind is living,” he sustained when referring to the younger segment to which the forum is dedicated this year.

Lula explained the collapse of global markets will not be fcontained without an effort of international coordination and “that effort will be unjust if developing countries are not taken into account.”

Lula also called to reject “a process that excludes us, at just the moment when emerging countries are seen as a hope” and asked to counter the crisis with more integration, more fair trade and less subsidies.

He also insisted on the need to “recover the role of the State, marginalized by the thesis of the Washington Consensus.”

Lula pointed that we live a “moment of political decisions” that allow to redefine the role of the State to renew the support to the productive sectors and increase investments on education and professional training.

In another moment of his speech, Lula criticized the migratory measures taken by the European Union and said it is urgent that the community acts in a coordinated manner due to the strong impact on youth.

“Brazil sees with worry the Return Directive approved recently”. You cannot make an eulogy of free capital movement and ban that of persons,” said the Brazilian president.
 
 

 

 

 
 

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