======================================================== World Bank Chief Pledges Close Cooperation With Japan ========================================================
“World Bank President Robert Zoellick pledged Wednesday to work closely with Tokyo on efforts to assist poverty stricken nations ahead of the G8 summit of world leaders in Japan next year.
Zoellick, on his first tour of Asia since taking office last month, held a series of meetings with Japanese leaders including Prime Minister Shinzo Abe, Foreign Minister Taro Aso and Finance Minister Koji Omi.
Omi and Zoellick expressed their shared resolve to fight climate change and environmental degradation, according to a finance ministry official.
The World Bank chief said he wanted to work closely with Japan to help‘fragile states’. Omi said Japan was interested in funding joint technological projects with developing nations.” [Agence France Presse/Factiva]
Dow Jones writes that “...Zoellick held talks with Omi during his two-day stay on his first trip to Japan since taking office last month, expressing appreciation for Japanese support and wishes for future cooperation.
Omi acknowledged Japan's financial difficulties and the necessity of solving them, but expressed an overall positive view of the Japanese economy.” [Dow Jones/Factiva]
Jiji Press reports that “...Omi on Wednesday showed his country's positive stance toward making additional contributions to the International Development Association (IDA). Although Japan's fiscal conditions are very severe, Tokyo will consider how it can contribute to the IDA's activities, Omi said.
Omi made the comment after World Bank President Robert Zoellick sought Japan's cooperation in IDA's next capital replenishment next year in a meeting in Tokyo. ” [Jiji Press (Japan)/Factiva]
Kyodo News notes that “...Zoellick told Omi that the World Bank is willing to cooperate with Japan on the G8 summit meeting to be held ... in Hokkaido in July 2008 and an international conference in Yokohama on economic development in Africa slated for next May, according to the official.
Zoellick said the World Bank will be able to offer cooperation in the area of global warming and Omi said it is important to craft a post-Kyoto Protocol framework that will cover major greenhouse gas emitters.” [Kyodo News (Japan)/Factiva]
Meanwhile Reuters reports that “...Zoellick on Thursday spoke out against corruption in poor countries that receive the Bank's loans. ‘We are responsible to our contributors and the contributors have their taxpayers.’ he said at a news conference wrapping up his visit to Japan, the bank's second-largest shareholder.
Zoellick... said while countries have different views on how to tackle corruption, they do agree on the need to deal with the problem. He added that some developing countries would need the Bank's support in building social infrastructure, such as a solid judiciary system, to fight corruption. ...” [Reuters/Factiva]
======================================================== This summary is prepared by the External Affairs Department of the World Bank. All material is taken directly from published and copyright wire service stories and newspaper articles. The daily summary and other news can be found on the World Bank's external website at http://www.worldbank.org/news. For inquiries call 202 473-7660 or send a written request to the News Bureau.
Hi, I thought I would just add a little note. It is difficult work, but not as insane as it sounds. There are several staff members in the office and each one is responsible for a region or countries. So once you know the background of the country, you just need to keep up-to-date on the new developments in the various sectors. You get the most recent developments and details before they get into the news, so it is quite exciting.