Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-02-06-Speech-3-072"
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"en.20020206.4.3-072"2
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"Mr President, the situation of poverty in the world is perfectly well known, as is the deep gulf that separates the northern and southern hemispheres. Nevertheless, and despite several declarations of good intentions, the formal 1974 commitment to attain the objective of public aid for development at a level of 0.7% of GDP and despite the fact that the World Bank recently found it necessary to double the resources earmarked for public aid, the truth is that it is no higher than 0.22% in the OECD countries, the lowest level ever, having fallen by around 25% in the last decade and not currently exceeding 0.32% in the Member States of the European Union.
Against this backdrop and with Johannesburg on the horizon, the Monterrey Conference is taking on an undeniable importance. It is truly time to reverse past actions and negative trends, to look at the problem of the development of poor countries in a different way, a way that demonstrates greater solidarity and to adopt practical and binding measures. We respect the Council decision of 8 November, but it is crucial that the Spanish Presidency and the Commission spare no effort to ensure that Monterrey results in objective and scheduled commitments that guarantee some progress, even with the awareness of the retrograde and unacceptable positions of the American administration in this field, which cannot impose conformist positions on others, and even with the awareness of the weaknesses of the so-called Monterrey consensus itself.
Monterrey must also result in guidelines that put an end to the devastating effect of foreign debt on the development of developing countries, by putting forward mechanisms that do not hold back the Highly Indebted Poor Countries initiative and which are primarily founded on global recognition of the principle of debt relief. The appalling situation in which the developing countries find themselves cannot remain as it is and the European Union and its Member States must not only not content themselves with being the largest donor but must also adopt a clear position which helps these countries to find a way out of this situation."@en1
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