President Mills sitting between President Obama and UK Premier, David Cameron at the summit
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21st May, 2012
GHANA WINS $600m FROM G8 SUMMIT
G-8 summit of the most industrialised coutries ended here successfully with the group pledging more support for sustainable food security in Africa.
Significantly, the G-8 leaders agreed to support a new initiative- Alliance for Food and Nutrition Security- announced by US President Barrack Obama, aimed at partnering a number of African countries and the private sector to promote improved agriculture production.
In addition, the G-8 leaders commended Presidents John Evans Atta Mills, Jakaya Kikwete of Tanzania, Thomas Yayi Boni of Beni and Prime Minister Meles Zenawi of Ethiopia, who participated in the summit, for the socio-economic progress achieved in their countries.
President Mills, and his African colleagues, also expressed appreciation for the recognition accorded them by the invitation to the meeting held at Camp David in the US state of Maryland, and affirmed their commitment to the partnership between Africa and the G-8.
With regard to the implementation of the new Alliance, the four African leaders stressed the importance of agriculture production to their economies, and pledged their full participation in the alliance which they described as a mutually beneficial initiative.
As part of the Alliance programme which starts in Ghana, Tanzania and Ethiopia, the US is to mobilise $3billion from 45 companies as a start up fund to partner developing countries to explore opportunities for sustainable food security.
Apart from food security issues, the G8 leaders from France, Germany, the US, the UK, Italy, Japan, Canada and Russia discussed pertinent economic issues of the group.
After the meeting, President Obama told journalists that there was " an emerging consensus" that developed countries should focus more on job creation and economic growth.
"We have made good progress on a range of issues including energy, climate change and food security," he said, describing the meeting as very successful.
He expressed confidence that European countries were moving in the right direction in the management of financial challenges in the eurozone.
A communiqué issued at the end of the meeting said the G8 leaders had committed themselves to promoting growth alongside fiscal responsibility.
Significantly, the G-8 leaders agreed to support a new initiative- Alliance for Food and Nutrition Security- announced by US President Barrack Obama, aimed at partnering a number of African countries and the private sector to promote improved agriculture production.
In addition, the G-8 leaders commended Presidents John Evans Atta Mills, Jakaya Kikwete of Tanzania, Thomas Yayi Boni of Beni and Prime Minister Meles Zenawi of Ethiopia, who participated in the summit, for the socio-economic progress achieved in their countries.
President Mills, and his African colleagues, also expressed appreciation for the recognition accorded them by the invitation to the meeting held at Camp David in the US state of Maryland, and affirmed their commitment to the partnership between Africa and the G-8.
With regard to the implementation of the new Alliance, the four African leaders stressed the importance of agriculture production to their economies, and pledged their full participation in the alliance which they described as a mutually beneficial initiative.
As part of the Alliance programme which starts in Ghana, Tanzania and Ethiopia, the US is to mobilise $3billion from 45 companies as a start up fund to partner developing countries to explore opportunities for sustainable food security.
Apart from food security issues, the G8 leaders from France, Germany, the US, the UK, Italy, Japan, Canada and Russia discussed pertinent economic issues of the group.
After the meeting, President Obama told journalists that there was " an emerging consensus" that developed countries should focus more on job creation and economic growth.
"We have made good progress on a range of issues including energy, climate change and food security," he said, describing the meeting as very successful.
He expressed confidence that European countries were moving in the right direction in the management of financial challenges in the eurozone.
A communiqué issued at the end of the meeting said the G8 leaders had committed themselves to promoting growth alongside fiscal responsibility.
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