Castro Denounces Lenders at Meeting of Poor Nations
By THE ASSOCIATED PRESS
HAVANA, April
12 -- President Fidel Castro attacked the world's
capitalist system
today, telling assembled leaders of the world's
poorer nations
that the economic order had caused suffering comparable
to the Nazi
Holocaust.
Mr. Castro, addressing
at least 40 heads of state or government at the
Group of 77
summit meeting, called for the elimination of the International
Monetary Fund,
accusing it of spreading world poverty.
"The images we
see of mothers and children in whole regions of Africa
under the lash
of drought and other catastrophes remind us of the
concentration
camps of Nazi Germany," he said.
Referring to
war crimes trials after World War II, Mr. Castro said, "We
lack a Nuremberg
to judge the economic order imposed upon us, where
every three
years more men, women and children die of hunger and
preventable
diseases than died in the Second World War."
Mr. Castro's
complaints of inequality were shared by other speakers at
the opening
of the conference.
But the organization
was likely to seek less radical solutions than his --
which included
a call for a 1 percent tax on all financial transactions to
subsidize a
global development fund.
Draft resolutions
called for developed countries to forgive the debts of
poorer states,
to share technology and to give poorer nations a greater
say in the use
of international development funds. They also said the
United Nations
should take over some decision-making from groups
controlled by
rich nations, like the fund and the World Bank.
Since its 1964
founding, the Group of 77 has grown to include 133
developing nations,
representing around 80 percent of the world's
population.
"Never has the
world witnessed such massive disparities in international
social and economic
activities," said President Olusegun Obasanjo of
Nigeria, whose
country is leading the meeting.
He warned that
failure to reform international aid policies that have
maintained the
wealth gap constituted "a major threat to international
peace and security."
The United Nations
secretary general, Kofi Annan, also called for debt
relief and greater
investment in poor countries and said they should work
together to
increase their own trade and cooperation.
"I believe governments
need to work together to make change possible,"
he said, "but
governments alone will not make change happen." He cited
"the power of
private investment" as well as nongovernmental and
academic organizations.
Mr. Annan said
the summit meeting would help the developing world
forge a united
front at the United Nations' Millennium Summit in
September.
Prime Minister
Mahathir Mohammad of Malaysia took aim at a global
system that
he said allowed "rogue currency traders" to plunge his
country and
East Asia into financial crisis by undermining their currencies.
"Millions were
thrown out of work and made destitute," he added. "The
international
economic institutions moved in ostensibly to help with loans
but in reality
to facilitate the takeover of the country's economy and even
politics."
He said rich
countries should permit flee flows of labor as well as capital.
"If money is
capital for the rich, labor is the capital of the poor countries.
They should
be allowed to migrate to the rich countries to compete for
the jobs there
just as the powerful corporations of the rich must be
allowed to compete
with their tiny counterparts in the poor countries."