owing Foreign Aid Reform, Obama Pushes Foreign Investment
Earlier in the day, Obama appeared before the UN with a vow to reshape how the US delivers foreign aid. Obama criticized what he called an aid culture of "dependence" and said the US will encourage foreign investment as a means to spur development and sustainability.
...dear mr obama please consider:President Obama: "Consider the millions of people who have relied on food assistance for decades. That’s not development, that’s dependence, and it’s a cycle we need to break. Instead of just managing poverty, we have to offer nations and peoples a path out of poverty. We know that countries are more likely to prosper when they encourage entrepreneurship, when they invest in their infrastructure, when they expand trade and welcome investment. So we will partner with countries like Sierra Leone to create business environments that are attractive to investment."
FAO Chief: Corporate Influence Undermining Development
Obama will again the address the UN with a speech before the General Assembly today. His comments on aid come as the head of the UN’s Food and Agriculture Organization has said that corporate influence is undermining sustainable development worldwide. Speaking at a farming summit in London, Dr. Samuel Jutzi said, "I have now been twenty years in a multilateral organization which tries to develop guidance and codes for good agricultural practice, but the real, true issues are not being addressed by the political process because of the influence of lobbyists, of the true powerful entities."
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