Highlights: Deauville G8 Declaration
Highlights: Deauville G8 Declaration
Updated on Saturday, May 28, 2011, 13:20

Deauville, France: Following are key passages from the Group of Eight leaders` Deauville Declaration.

Renewed commitment for freedom and democracy

PREAMBLE We, the Leaders of the Group of Eight, met in Deauville on 26 and 27 May 2011. In this period of change, we reaffirmed our profound commitment to the values of freedom and democracy, and their universality.

In light of the recent developments in the Middle East and North Africa, and in Sub-Saharan Africa, we renewed our commitment to support democratic reform around the world and to respond to the aspirations for freedom, including freedom of religion, and empowerment, particularly for women and youth.

Democracy lays the best path to peace, stability, prosperity, shared growth and development. We met with the Prime Ministers of Egypt and Tunisia, and decided to launch an enduring partnership with those countries engaging in a transition to democracy and tolerant societies.

Our common goal is to develop the rule of law and citizen engagement as well as foster economic and social reforms to meet the aspirations of the people. We have adopted a declaration on the Arab spring.

In Deauville, we have renewed a strong partnership with Africa, building on commitments made for over a decade. We have emphasized our mutual responsibilities and decided to be even more accountable regarding our respective commitments to development, peace and security. We welcomed the democratically elected Presidents of Côte-d`Ivoire, Guinea and Niger. For the first time, we have adopted a joint declaration together with African Leaders.

In the aftermath of the earthquake and tsunami that struck Japan on March 11, we expressed our heartfelt sympathy for the victims and solidarity with the people and government of Japan...

We discussed new issues such as the Internet which are essential to our societies, economies and growth.

In Deauville in 2011, for the first time at Leaders` level, we agreed, in the presence of some leaders of the Internet economy, on a number of key principles, including freedom, respect for privacy and intellectual property, multi-stakeholder governance, cyber-security, and protection from crime, that underpin a strong and flourishing Internet. The "e-G8" event held in Paris on 24 and 25 May was a useful contribution to these debates.

Our advanced and closely integrated economies face common challenges and opportunities. Recovery is strengthening.

New growth drivers are required. We committed to prioritizing growth-enhancing policies such as research, education and innovation, which are crucial to our knowledge economies. We will foster green growth as it is essential to fight global warming, represents a promising source of jobs for our societies, and reflects a shared aspiration for more sustainable development.

Building on our experience, we marked our determination to draw all the lessons from the nuclear accident in Japan, including the necessity to promote the highest levels of safety, consistent with the principles of the Convention on Nuclear Safety. ...

We will continue to act in support of peace and international security.

We demand the immediate cessation of the use of force against civilians by the Libyan regime forces and support a political solution that reflects the will of the Libyan people.

We renew our commitment to implement all our obligations under the NPT and to support and promote the global non-proliferation architecture in all its aspects. We are committed to stemming the severe proliferation challenges, particularly in Iran and DPRK, which represent a threat to global stability.

Solidarity with Japan

We...expressed our confidence in the resilience of the Japanese economy and our readiness to continue to provide assistance and cooperation. The Prime Minister of Japan explained that his country would make every effort to minimize the uncertainty that the disaster might add to the global economy, including as a result of the nuclear accident.

Internet

We commit to encourage the use of the Internet as a tool to advance human rights and democratic participation throughout the world.

With regard to the protection of intellectual property, in particular copyright, trademarks, trade secrets and patents, we recognize the need to have national laws and frameworks for improved enforcement...

The effective protection of personal data and individual privacy on the Internet is essential to earn users` trust. It is a matter for all stakeholders: the users who need to be better aware of their responsibility when placing personal data on the Internet, the service providers who store and process this data, and governments and regulators who must ensure the effectiveness of this protection. ....

Global Economy

The global recovery is gaining strength and is becoming more self-sustained. However, downside risks remain, and internal and external imbalances are still a concern.

The sharp increase in commodity prices and their excessive volatility pose a significant headwind to the recovery. In this context, we agreed to remain focused on the action required to enhance the sustainability of public finances, to strengthen the recovery and foster employment, to reduce risks and ensure strong, sustainable and balanced growth, including through structural reforms.

Europe has adopted a broad package of measures to deal with the sovereign debt crisis faced by a few countries, and it will continue to address the situation with determination and to pursue rigorous fiscal consolidation alongside structural reforms to support growth.

The United States will put in place a clear and credible medium-term fiscal consolidation framework, consistent with considerations of job creation and economic growth. In Japan, while providing resources for the reconstruction after the disaster, the authorities will also address the issue of sustainability of public finances.

Bureau Report

Your comment(s) on this article
Toolbox
Print this pages E-Mail Bookmark and Share
Post Comment
     
  Name
  Place
  Email
  Comment
TERMS OF USE:
The views represented here are not neccesarily endorsed by www.zeenews.com and its allied websites. All messages will be moderated and no message that has inflammatory, abusive, derogatory language or any language deemed unfit for publication by the editor will be displayed. Though it will be endeavoured that as many messages as possible be displayed, there will be time lag between the submission and publication of the messages. The website reserves the right to publish or reject any message.

more news
RBI likely to pause hike in interest rate
RBI likely to hike key policy rate till Jan 12: Experts
Hike in rates may not help tame inflation: Industry
RBI rate hike not unreasonable: Montek
Shocked auto industry says RBI step never expected
Basu favours pause in rate hike cycle
RBI mid-quarter policy review: Highlights
Economy seen growing 7.5-8% over next few years: Ahluwalia