11-3-11 - EFE G201

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    Agencia EFE

    NGOs say the debt crisis is the most pressing problem of the G20

    InterAction and Oxfam are quoted in this article.

    Cannes (France), Nov 3 Various NGOs have complained today that the debt crisis in the U.S. and

    Europe is gaining all of the attention at the start of the G20 summit, when the food price crisis also

    needs attention.

    NGO representatives attending the G20 summit that began today in the French city of Cannes have

    asked the leaders of the group of developed and emerging countries to listen to their proposals to solve

    pressing world problems like poverty and security food.

    "This is something new," acknowledged Carlos Zarco, director of Oxfam Mexico, who warned of

    "uncertainty bombs" thrown by representatives of "global capitalism" with its debt crisis and the

    instability created by them in the international financial system .

    "We need a responsible regulation," said Zarco about one of the issues addressed by the G20 in Cannes

    and in relation to control of the global financial crisis that threatens to undermine the future economic

    growth of emerging countries after cripple the prospects for prosperity of the richest countries.

    Set levees volatile raw material prices, "with disastrous consequences," and only in Mexico over the past

    two years has caused an increase of 30% of food-and begin to implement the rates financial transactions

    are maintained as demands for organizations as represented by the Mexican Zarco.

    Although pricing on financial transactions only the European Union has shown interest, Zarco said we

    greet any progress no matter how small."

    He referred to the decisions and advanced during the French presidency of the G20 in the control of the

    volatility of prices of basic raw materials for food or for food security.

    Zarco said the next presidency of the G20 Mexico will have the advantage of being a country "that can

    show both sides of the coin" to be able to display high growth rates, "having the world's richest man"

    but being burdened by high rates of population is still below the thresholds that mark the entry into

    poverty.

    Other NGO representatives in Cannes using the occasion to demand that the G20 countries to commit to

    a serious fight against tax evasion practices that cut the growth of emerging and prevent these curb

    corruption.

    Tax is the case of Force, a group of organizations advocating for greater transparency in the global

    financial system for the benefit of developing countries, which today asked the states present in Cannes

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    commitments in combating money laundering through implementation of existing agreements.

    In the area of food security another NGO, Save the Children called on G20 leaders to commit to "five key

    proposals to stop the spread of hunger as a result of drought, rising food prices and conflict ".

    The organization asked to maintain and fulfill the commitments made by the G20 in 2009 in Italy, to

    finance and protect small-scale farmers and donate the total funds pledged for 2012.

    Sam Worthington president Interaction, an American NGO insisted before reporters Cannes on how

    necessary the G20 see that "impact their decisions is not only Greece but Needless having vision

    broader" .

    "We want the G20 not only is engaged in the problems of financial institutions, but especially in its

    regulation," said Worthington, who said that organizations like yours have "fear" that the decisions of

    forums like this mainly affects immediate and forget to take measures for the future.