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Wednesday, 20 June 2012

Vocal complaints over G20 summit

International aid agencies have been quick to point out that leaders at the G20 summit have focused mainly on the euro crisis, neglecting other topics that involve the international community. According to an article by Oxfam, while Mexican President Felipe Calderon had food security, sustainable development and climate change as key topics on the agenda, the discussion fixated mostly on Europe. “How could world leaders simply ignore the nearly one billion people living in poverty?”, international aid agencies have demanded.
Despite food security's being one of the topics on the agenda, neither biofuels nor food price volatility, which are key drivers of food insecurity, received, according to Oxfam, any attention in the leaders' final declaration.
Though the organisation states that the summit has produced a “hugely disappointing outcome” for developing countries, it points to some hope regarding tax transparency, which “could uncover billions in much needed income for developing countries”.

Source: Oxfam