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Brazil
for G8 to Support Poor
Brasilia - Brazilian President Luiz Inacio Lula da
Silva will demand more support for the poor
countries of the world in the upcoming Summit of the
Group of the Eight (G-8).
The poor countries of the world are deeply affected
by the economic crisis, and Lula da Silva will
discuss this matter, in particular the food security
issue.
Lula da Silva will participate in the meeting in the
Italian city of L Aquila as a guest.
Before he departed for France in an official visit,
Lula said the effects of the economic crisis are
more serious in poor countries, especially in
Africa, Central America and the Caribbean.
He stated that rich nations of the world have not
fulfilled their promised support, so he will make a
claim to respect the agreements of the Group of the
20, for the World Bank and the International
Monetary Fund help the poorest countries.
The Brazilian President announced the proposal of an
initiative coming from the BRIC Bloc (Brazil,
Russia, India and China) to invest 12 billion
dollars in agricultural development for three years.
The meeting was organized with invitations to the
Presidents of the Group of the Five (China, Brazil,
India, Mexico and South Africa) plus Egypt, to
discuss the situation of the world economy in the
wake of the global crisis.
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