G11 states to cooperate with G8

Published May 20, 2007

SHUNEH (Jordan), May 19: G11 developing countries agreed at a summit on Saturday on a framework to push for cooperation with G8 industrialised nations to ease their debts and build prosperous economies.

Croatia, Ecuador, El Salvador, Georgia, Honduras, Indonesia, Jordan, Morocco, Pakistan, Paraguay and Sri Lanka “agree on a framework to ... institutionalise the relationship between the G11 and the G8,” a statement said.

This “would foster bridges of future cooperation and strengthen partnership between them,” said the statement at the end of a summit on the shores of the Dead Sea opened by Jordan's King Abdullah II and attended by heads of state or their representatives.

“G11 countries require fiscal and monetary space to maintain momentum on progress and to lay the foundation for a diversified and sustainable economic growth,” the statement said.

—AFP

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