Arab Today, arab today britain urges bold g8 action on global economy
Last Updated : GMT 10:54:50
Arab Today, arab today
Arab Today, arab today

Britain urges bold G8 action on global economy

Arab Today, arab today

Arab Today, arab today Britain urges bold G8 action on global economy

London - AFP

British Prime Minister David Cameron called on his fellow G8 leaders on Wednesday to start work now on agreeing \"bold steps\" to help boost global economic growth, ahead of a summit he will host in June. In a letter marking the start of Britain\'s presidency of the Group of Eight richest nations, Cameron laid out his three priorities for the year: to extend free trade, tackle tax evasion and combat corruption. Writing to the leaders of Canada, France, Germany, Italy, Japan, Russia and the United States, Cameron said: \"It is clear that in 2013 the world will continue to face grave economic uncertainty.\" While each country would rightly focus on their own challenges, he said, \"the ambitious standards we set and the bold steps we take by working together through the G8 can make a tangible difference by firing up economies and driving prosperity, not just in our own countries, but all over the world\". But he warned that if the G8 is to see progress in these areas, leaders meeting in Northern Ireland in June need to do more than \"whip out a chequebook at the 11th hour, pledge some money and call it a success\". \"What we are talking about are long-term changes in our countries and the rules that govern the relationships between them. With ambition on this scale, I am convinced that success depends on us starting a debate on these changes now.\" Cameron said the G8 nations, which together account for about half of global economic output, could offer leadership to ease trade negotiations, adding that the start of talks on a deal between the European Union and the United States would be \"perhaps the single biggest prize of all\". The G8 could also \"galvanise collective international action\" to tackle tax evasion and avoidance by sharing information and looking at whether global standards need to be extended and tightened, he said. And the prime minister urged the G8 to \"put a new and practical emphasis on transparency, accountability and open government\" in its relations with less developed and emerging economies, including by improving the way aid is spent. Cameron added that he was reviewing why Britain had not yet signed up to the Extractive Industries Transparency Initiative, which is designed to shed light on who earns what from the exploitation of natural resources. The United States was the only G8 country to have joined, he said, adding: \"We need to change that. We cannot call on other countries to live up to these high standards if we are not prepared to do so ourselves.\" The last time Britain held the G8 presidency was in 2005, when the summit at Gleneagles in Scotland was overshadowed by the bombings on the London transport system which left 52 people dead.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today britain urges bold g8 action on global economy Arab Today, arab today britain urges bold g8 action on global economy

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today britain urges bold g8 action on global economy Arab Today, arab today britain urges bold g8 action on global economy

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday