G8 opens to developing market economies - WAOW - Newsline 9, Wausau News, Weather, Sports

G8 opens to developing market economies


L'AQUILA, Italy (AP) -- Leaders from the five fastest developing market economies join the G-8 for meetings Thursday.

Brazil, China, India, Mexico and South Africa -- the so-called Group of Five -- will discuss climate change, development aid, the economy and international trade with their G8 counterparts.

The G-5, along with special invitee Egypt, issued a statement yesterday saying they're concerned about the state of the global economy, which they say "submits the developing countries to an inordinate burden resulting from a crisis they did not initiate."

They're calling for greater inclusion in international decision-making, noting members' positive contributions to tackling global challenges.

Germany and France have been particularly vocal that the G-8 needs to be expanded to better represent the world's population and economies.

Online Reporter: Donnie Forti

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