US, Japan, EU must keep promises to fight poverty

September 5, 2008 01:04

A new UN report says rich donor nations have failed to deliver on promises to help the world's poorest countries and must increase aid by US$18 billion a year. The criticism was aimed primarily at the United States, Japan and the European Union. The report also criticized the failure of rich and poor nations to reach a trade deal that would expand global trade opportunities for developing countries to reduce poverty. It called for redoubled efforts to conclude negotiations. The report was issued Thursday, ahead of a Sept. 25 meeting of world leaders at UN headquarters to step up efforts to achieve UN goals to help reduce poverty by 2015.

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