Thursday, December 15, 2005

Xinhua - English

Xinhua - English: "Aid seen as 'charity with strings attached'
www.chinaview.cn 2005-12-15 16:52:12

HONG KONG, Dec. 15 (Xinhuanet) -- Rich members of the World Trade Organization (WTO) offered new assistance to the least developed countries (LDCs) at the organization's ongoing Sixth Ministerial Conference, but it is seen as 'charity with strings attached.'

The generous packages of 'Aid for Trade,' offered by some industrialized countries at the Hong Kong meeting, 'sweeten a deal in order to entice developing countries into accepting a bad deal,' said Yashpal Tandon, executive director of the Geneva-based South Center, an inter-governmental policy and research think-tank."

No comments: