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----- Original Message ----- 
From: SolidNet <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, June 11, 2001 7:41 PM
Subject: South African CP, SACP statement on WEF


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                South African CP, SACP statement on WEF
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                     From: RedNet, Wed, 06 Jun 2001
              mailto:[EMAIL PROTECTED] , http://www.sacp.org.za
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6 June 2001

          SACP STATEMENT ON THE WORLD ECONOMIC FORUM IN DURBAN

Today, the World Economic Forum (WEF) started its Southern African
Conference in Durban.
This meeting can either be an occasion for genuine engagement with the
issues that matter to
developing countries or for another round of bland assertions, in
contradiction of evidence
available directly outside the meeting site, that capitalist
globalisation actually benefits developed
countries only.

The WEF has long supported the interests of multi-national corporations
and un-elected bodies
such as the International Monetary Fund, the World Trade Organisation
and the World Bank at
the expense of poor and developing countries. Around the world the WEF
promotes the ruthless
logic of the market which rams privatisation, liberalisation,
de-regulation down the throats of
developing countries. As a result of these WEF promoted policies, 80
countries are now poorer
than they were in 1990. A quarter of the world's population of 6 billion
lives on less than +ACQ-1
a day. During the past five years the world's poor have increased by 200
million.

The agenda of the WEF meeting in Durban includes topics such as: -
- What Does the Corporate World Hope to See in the Millennium Africa
Recovery Plan
- What Are Southern African Governments Doing to Create an Enabling
Business Environment
- The Free Flow of Capital
- Better, Faster, Cheaper: Making Liberalization and Deregulation Work

As this agenda shows, the WEF puts the business of multi-national
corporations first before the
interests of poor people. The SACP denounces an economic system that
continues to shift
opportunities, resources, and power away from those most in need. We
call for the reversal of
these policies and the introduction of humane policies which place
people before profits.

We believe that if the WEF meeting fails to address the needs of
developing countries and the
demands being made by the increasingly strong global movement for
economic and social justice,
it will be a lost opportunity. The SACP therefore argues for the
creation new forums which will
take the concerns of developing countries seriously.

CONTACT: Mazibuko K. Jara (surname Jara) Department of Media,
Information - Publicity - South African Communist Party Tel - 011
339-3621/2-
Fax - 011 339-4244- Cell - 083 651 0271 - Email - [EMAIL PROTECTED]

*End*



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