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G8 summit ends in Russia; Germany to host next summit
www.chinaview.cn 2006-07-17 19:13:40

Special report: Pesident Hu attends G8 summit

    ST. PETERSBURG, Russia, July 17 (Xinhua) -- Leaders of the Group of Eight (G8) industrialized countries ended their annual summit in Russia on Monday, capping three days of discussions on the prior themes and events of the day.

    Energy security topped the agenda of the G8 summit this year, along with education and fight against infectious diseases.

    In a closing summit statement, the leaders from the world's wealthiest nations said "open, transparent, efficient and competitive" markets are the cornerstone for global energy security.

    The G8 leaders adopted the St. Petersburg Plan of Action to enhance global energy security, undertaking to "reduce barriers to energy investment and trade, making it possible for companies from energy producing and consuming countries to invest in and acquire upstream and downstream assets internationally."

    The leaders also discussed the world economy, concluding that global economic growth "remains strong and has become more broadly based."

    Although economic themes are supposed to prevail at the gathering, they were often overshadowed by events of the day.

    The latest Middle East crisis sent the leaders in St. Petersburg grappling with a response. They called for an end to the violence in the region.

    "In Lebanon and Gaza the most urgent priority is for a cessation of violence and not to allow extremist elements to plunge the region into chaos and provoke a wider conflict," the statement said.

    The G8 gathers Britain, Canada, France, Germany, Italy, Japan, Russia and the United States. Germany will host the next G8 summit in 2007. Enditem

Editor: Pan Letian
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