Wednesday, October 19, 2005

[World Bank] Russia’s G8 Presidency Will Help Fight Poverty

From Mos News

Russia’s role as chairman of the G8 will be very important in the fight against poverty and in aiding emerging countries, President of the World Bank Paul Wolfowitz said on his arrival in Moscow on Wednesday.

He said his visit has three main goals, the most important of which is connected with Russia’s chairmanship of the G8, the Interfax news agency reported. He said he would like to get to know Russia’s plans during meetings with high-ranking officials and understand how the World Bank can help Russia fulfill its important role.

Wolfowitz also said that the G8 summit in Britain this year was very important for improving the condition of the planet’s poorest people. He said it is very important not to lose the pace achieved at the summit.

Russia will take over the G8 presidency from Britain for 12 months from January 2006.

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