g20 can build a better world despite economic difficulties
Friday 11 April 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

G20 can build a better world despite economic difficulties

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice G20 can build a better world despite economic difficulties

Cannes - Xinhua

\"I am very optimistic about what is going on in the world,\" billionaire philanthropist Bill Gates has said on the sidelines of the G20 summit after presenting a report to leaders gathering in the French resort city of Cannes. In an interview with Xinhua on Friday, Gates said he trusted the leaders\' cooperation in building up a better world with coordinated efforts despite current economic difficulties.With the G20 decisions to affect the poor countries, the short-term crisis shouldn\'t blind us from \"thinking how we can help out those other countries,\" Gates said. \"It is prettily exciting that the G20 is broad enough to include not only the very rich countries but also countries like China that are now middle-income countries and starts making contribution to help the poorer as well,\" Gates said. Tasked by France, the host of G20 forum this year, Gates submitted a report on innovative financing to attending leaders in Cannes and had around 90 minutes\' discussion with them over external aids to poorer countries. Gates said this report won general support from G20 leaders, along with \"a lot of follow-ups\" which will be \"worked individually with the country on what they are doing in innovation and what they are doing with aid.\" According to Gates, the rich countries have played major roles on international aid, contributing 85 percent of all aid and they are likely to dominate future international aid sources despite of economic pressure while the rising powers like Brazil, China, India, and Mexico begin to actively joining in. When asked about the reduction of aiding budget from some major players, Gates said: \"My presentation in the G20 was to remind them that the aid budget is at most 1.5 percent of their budget and it shouldn\'t necessary to hurt the poorest as they solve their economic problem.\" The founder of Microsoft believed that the major powers could cooperate better regardless different opinions on economic issues. \"The economic issues are not easy issues but it is very different than having an armed conflict. And there is a common set of values: all of us believe that children should be healthy and well fed so there is no dispute about what we want to achieve.\" He noted \"the importance of innovation\" as another consensus among G20 leaders. \"Now fortunately we have a more complex situation where we have countries with many levels of income and we should think about different responsibilities.\" Gates in his report designed \"triangular partnerships\" for development among rapidly growing countries, traditional donors, and poor countries with different priorities for each of them. \"For example China\'s agriculture has done a fantastic job and (China) continues investing in that. So if helping Africa go from being a huge rice importer to actually being self sufficient in rice, it would help the world food market significantly,\" Gates said. \"There are a lot of innovation in China which can be channeled to help the people in the poorest countries on health and agriculture,\" he continued, expecting participation of countries at all income level to make the international aid \"faster\" and \"smarter.\" 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

g20 can build a better world despite economic difficulties g20 can build a better world despite economic difficulties

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

g20 can build a better world despite economic difficulties g20 can build a better world despite economic difficulties

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 05:14 2024 Wednesday ,07 February

Sophisticated Classic Dining Room Design Ideas

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 20:11 2017 Wednesday ,12 July

RAK to have seven new power stations worth Dh750m

GMT 12:11 2017 Monday ,18 December

Your ultimate guide to your dream kitchen

GMT 14:03 2016 Wednesday ,21 September

Science reveals male widow spider's dastardly deeds

GMT 08:47 2017 Monday ,09 October

Long-term truants make nervy school return

GMT 17:21 2016 Thursday ,26 May

Outrage as New Delhi man rapes disabled girl

GMT 09:14 2017 Wednesday ,03 May

Saudi, Qatari leaders review bilateral relations

GMT 14:36 2011 Monday ,04 July

Bahraini-Kuwaiti ties reviewed
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice