Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-04-25-Speech-4-044"
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"en.20020425.3.4-044"2
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"Madam President, as a participant in Monterrey, I too want to say that it was clear that many people are now in no doubt as to how important it is that we in the rich countries should contribute to combating poverty in the developing countries and be involved in securing economic progress in these countries and eliminating squalor. We must do this for our peace of mind, and we must do this for the sake of world peace. Efforts must be made across a broad front. The developing countries must have access to our markets so that they themselves can create the basis for their economic progress. Sound frameworks for private investment must be guaranteed, but foreign aid in the traditional form of transfer payments is still necessary. It is disgraceful that, over the last decade, the rich countries have reduced the share of their income that they give to poor countries. I would therefore praise Commissioner Nielson for the success there has been in initiating an agreement to the effect that the EU countries will increase aid. This agreement means that the most tight-fisted countries must make a contribution corresponding to the current EU average. The level of ambition must be higher, however. The objective must in every case be 0.7% of GNP, a figure which most EU countries do not at present meet and which the United States and Japan unfortunately fall still farther short of meeting. Admittedly, experience shows that there is not always a straightforward proportionate link between the extent of the aid and the results in the shape of development. That is why it is all the more gratifying that, with Monterrey, a common understanding now seems to have been established that development must take place through interaction between donor countries, NGOs and developing countries so that the developing countries are given responsibility for their own development and so that, as a condition of receiving aid, they guarantee democracy, legal certainty and human rights and combat the corruption that destroys many opportunities for progress."@en1
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