The "North-South" economic dialogue between the world's rich and poor nations ended in the French capital, Paris, on Friday (3 June) without the expected major agreements.
GV Canadian Co-chairman Allan MacEachen speaking as reporters listen, Paris, France (3 shots)
SV Venezuelan Foreign Minister Dr. Manuel Perez speaking in French
MACEACHEN: "Even though we have had difficulties, we have reached a significant and positive conclusion to this particular conference. And that is the objective to which we have all been working and I believe it has been realised at the conclusion of our ministerial this morning. Can I tell you what is intended? But I do regard the commitment by the United States to undertake this increased contribution, substantial contribution, as a very positive outcome, as a very positive contribution to the conference. And I think it to the commitment made by Japan to double its aid flows over the next five years."
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Background: The "North-South" economic dialogue between the world's rich and poor nations ended in the French capital, Paris, on Friday (3 June) without the expected major agreements. The world's developing nations had been seeking pledges of increased development aid from the industrialised countries. But the ministers at the Paris conference have agreed to leave the way open for further discussions on the matter in other international bodies. And they did agree that the economic dialogue had not been a total failure....as the Conference Co-Chairman Allan MacEachen told a news conference on Friday.
SYNOPSIS: Venezuela's Dr. Manuel Perez -- the other Co-Chairman of the conference -- told newsmen the Paris talks and had demonstrated the unity of the developing nations of the world. But he added that advances made during the discussions were not enormous for comparable with the vast dimension of the problem. The way has been left open, though, for further discussions on bridging the huge gulf between the world's rich and poor nations.