The Earthtimes online News
Home

EU-LatAm summit voices deep concern about food prices - Summary

Posted : Sat, 17 May 2008 02:42:03 GMT
Author : DPA
Category : Europe (World)
News Alerts by Email click here )
Create your own RSS
Europe World News | Home
Lima - The European Union-Latin America-Caribbean (EU-LAC) summit stressed in its final declaration Friday in Lima that participants were "deeply concerned by the impact of increased food prices," specifically citing troubled Haiti as an example. "We agree that immediate measures are needed to assist the most vulnerable countries and populations affected by high food prices," the Lima Declaration said.

European Union Foreign Relations Commissioner Benita Ferrero- Waldner said in the Peruvian capital that soaring global food prices constitute "a regional challenge." The EU has approved a package worth 117.25 million euros (183 million dollars) for food aid around the world, she said.

Signed by 60 countries at the end of the meeting focused on the fight against poverty and climate change, the declaration expressed support for Haiti.

Haiti is the poorest country in the Americas, with 70 per cent of its nearly 9 million people living in poverty. Six people were killed and a further 268 injured last month in Haiti during riots over high food prices, and the prime minister was forced to resign over his handling of the crisis.

Inter-American Development Bank (IDB) President Luis Alberto Moreno, who also attended the summit, noted that his institution has granted loans for 27 million dollars to Haiti to keep down food prices and has created a special fund to improve agricultural productivity, strengthen social networks and develop new technologies.

The Lima Declaration stressed "the efforts by the Haitian government and people to revitalize the state institutions and combat poverty, inequality and social injustices," while acknowledging the need for "urgent and effective continued action by the international community on behalf of rehabilitation and development in Haiti."

Spanish Prime Minister Jose Luis Rodriguez Zapatero called on Latin America to implement "fairer" income distribution policies.

"Overcoming poverty, inequality and exclusion is crucial for the attainment of social cohesion, for sustainable development and for the effectiveness of our bi-regional partnership," the declaration stressed.

"There has to be an income distribution policy that is fairer than the current one in Latin America, and a social policy of cooperation for development that tackles basic structural problems," Zapatero said. "Social spending is also productive spending. Social investment generates wealth."

In his opening address, Peruvian President Alan Garcia addressed the other intended focus of the meeting, climate change, and mentioned an initiative to tax oil and natural gas to raise money to pay for reforestation.

The final declaration stressed that "environmental degradation and climate change seriously affect" economic growth, "hitting the poor hardest and seriously threatening the prospects" for the world's future.

Of the delegations present at the summit at the National Museum in Lima, 37 were lead by prime ministers or heads of state. Some key European leaders were conspicuously absent, including French President Nicolas Sarkozy and prime ministers Gordon Brown of Britain and Silvio Berlusconi of Italy.

Debate took place behind closed doors.

German Chancellor Angela Merkel and Venezuelan President Hugo Chavez, who had sparred verbally in the preceding week after Chavez made Nazi comparisons to the German leader, shook hands and even spoke briefly during the meeting.

Spain is set to host the next EU-LAC summit in 2010.

Copyright, respective author or news agency



Article : EU-LatAm summit voices deep concern about food prices - Summary
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader

Share on

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Europe (World) News click here

Choose Theme
Green Earth Blue Earth Orange Earth Purple Earth

Search
 
You can
Print this articleemail this articleComment on this article

Current News

News Category
Business
Entertainment
Environment
General
Health
Sports
Technology
World
- Africa
- America
- Asia
- Australasia
- Europe
- India
- Middle East
- UK
- US
Press Release
Add to Google Toolbar
Breaking News
Press Releases

About us | News Archives | Browse old Archive | Feedback | Disclaimer | Mobile/PDA | News Alerts

The views expressed in the articles are not necessarily those of earthtimes.org and we accept no responsibility for the views or opinions
expressed in the articles either direct or indirect.

© 2008 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy