G7 nations miss Africa aid targets
By Lesley Wroughton | China Daily | Updated: 2010-05-26 07:54
WASHINGTON - The world's top seven industrialized nations have fallen short on their promises to double aid to Africa by 2010, according to a report on Tuesday by ONE Campaign.
Supported by U2 singer Bono and rocker Bob Geldof, ONE Campaign provided an annual scorecard of the Group of Seven nations' progress in meeting pledges they made at the 2005 summit in Gleneagles, Scotland.
The G7 leaders' summit promised to increase aid by up to $50 billion from $25 billion, write off the debts of 18 of the world's poorest countries, and cut trade subsidies and tariffs under the Doha round of global trade negotiations.
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