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Accomplishments of the G8 Summit

George Bush, United States
July 8, 2005

Presidential Action

On July 8, 2005, the President, with his G8 partners, brought the Summit to a successful conclusion, with respect for the victims of yesterday's savage attacks and in defiance of the perpetrators. The leaders took significant steps to make the world better and safer and improve human life, in contrast to the terrorists who seek to destroy it.

The President complimented Prime Minister Blair for his leadership in spotlighting the important issues of Africa and climate. The G8 also addressed a wide variety of issues, including: the global economy, energy, oil, trade, intellectual property rights, regional issues, post-tsunami recovery, counter-terrorism, safety, non-proliferation, and reform in the Broader Middle East.

Africa. The G8 re-committed itself to partnering with African nations to achieve their vision of sustainable growth, development and active participation in the world economy. The G8 set out concrete measures that will have a real impact on bettering the lives of African people, advancing several important U.S. priorities.

Climate. The G8 also dealt with the issue of climate change in a constructive way that builds on common ground and, for the first time, included developing nations in climate discussions. Together, the G8 have reached consensus on an approach to climate change that joins together developed and developing countries and acknowledges the inter-related challenges of energy security and development. The Plan of Action, agreed by leaders, contains concrete steps to help:

Peace in the Middle East. G8 leaders recommitted themselves to advancing peace in the Middle East by:

Broader Middle East and North Africa Region. The G8 leaders agreed to strengthen the Broader Middle East and North Africa initiative developed last year by:

Counter-terrorism. The events in London were a tragic reminder of the nature of the enemies that we face in the global war on terror. G8 leaders invited all countries to join them in a sustained commitment to identify and reduce the terrorist threat, promote freedom and security, protect democracy and ensure the rule of law. They committed to:

Nonproliferation. The United States joined today with G8 partners in reaffirming a strong commitment to counter the proliferation of weapons of mass destruction, particularly focusing on countering the threat of terrorists acquiring such weapons. The G8 agreed to take forward this important work through:

Global Economy and Oil. President Bush highlighted the strong outlook for U.S. economic growth, employment, and deficit reduction. The G8 Leaders agreed to take action to address global imbalances and high and volatile oil prices, specifically:

Trade. President Bush pressed leaders to commit to ambitious trade reforms that lead to increased economic opportunity, the promotion of economic development and the alleviation of poverty. The President emphasized that a successful conclusion to the WTO Doha Development Agenda (DDA) would create new market opportunities that could lift millions out of poverty. Through his efforts, G8 leaders approved a G8 Leaders Statement whereby leaders, among other actions:

IPR. President Bush secured agreement with leaders on a G8 Leaders Statement urging action against intellectual property rights piracy and counterfeiting. Building on the Bush Administration's initiative to stop trade in pirated and counterfeit goods, the G8 leaders committed G8 countries to, among other actions:

Indian Ocean Tsunami. Led by public and private assistance from the United States, latest figures suggest about $9 billion have been contributed to tsunami relief and reconstruction. G8 leaders agreed to support international efforts to:

Source: White House


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