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Text
FOIA Number: 2006-0458-F
FOIA
MAR~~~R
This is not a textual record. This is used as an
administrative marker by the William J. Clinton
Presidential Library Staff.
Collection/Record Group:
Clinton Presidential Records
Subgroup/Office of Origin:
Communications
Series/Staff Member:
Don Baer
Subseries:
OA/ID Number:
10140
FolderiD:
Folder Title:
G-7 Communique
Stack:
Row:
Section:
Shelf:
Position:
s
90
2
8
1
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June, 18- 19 1994.
Final text
JOBS AND GROWTH
1. A year ago, recovery was absent or hesitant in all our economies. Today, encouraging
results are emerging. Recovery is under way. New jobs have been created, and in more
and more of our countries people are getting back to work. Inflation is now at the lowest
levels in over three decades: Therefore we reconfinn the growth strategy we agreed in
Tokyo. We call on our Finance Ministers to. cooperate closely to keep recovery on track.
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2. But unemployment remains far too high, with over 24 .million unemployed in our
countries alone. This is an Unacceptable waste. lt is particularly damaging when - as in
many of our countries - it is concentrated among young people and those who have been
out of work for a long time.
3. Following the jobs conference in Detroit and the analysis of the OECD we htt.ve
identified the actions·we need to take.
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- We >Nill work for growth and stability, so that busirtc:ss and individuals can plan
confidently for their future.
- We will build on the present recovery by accelerating reforms so as to improve the
.capacity of our economies to create jobs.
Both of these elements are essential in order to achieve a lasting reduction in the level of
unemployment.
4. We will'concentrate·on the following stnu.1.ural measures. We will:
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edu~on; through improving
- increase investment in our people: through better basic
skills; through 1mprovin~ the transition from School to work; through involving employers
fully in t:ralning and • as agreed at Detroit - through developing a culture of lifetime
learning;
[- reduce labour market rigidities which add to employment costs or deter job creation, by
elirriinating unnecessary regulations on working patterns and pra&:tices, favouring greater
flexibibty m wase fonnation and ensuring
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indirect cuu of Clli(Jiuyu~& people are
reduced wherever possible;]
.
- pursue active labour market policies that will help. the ~employed
to search more
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effectively for jobs and ensure that our social supPc>n systerrus '-Teale incentives to work;.
- encourage and promote innovation and the spread of new technologies including, in
particular, the development of worldwide information highw~
[- exploit all the [marketj opponunities to create jobs in areas w,here new needs now exist,
for example in tenns of quality of life, care services, leisure and environment; by better
using resources currently aimed at supporting inactivity;)
- promote competition, throush eliminating unnecessary regulations and through
removing impediments to small and medium-sized f111DS;
S. For the implementation of this progranulle we .call for the accive involvement
or
business and labour and the support of our people.
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6. We are determined
to press ahead
with this action programme and will review the
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progress made towards realising our ·objectives of sustained growth and the creation
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more - und better quality -new jobs.
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�June, 18- 19 1994.
Final text
TRADE
1.
Opening markets fosters growth, generates employment and increases prosperity.
The signing of the Uruguay Round Agreements and the creation of the. WTO are
important milestones in postwar trade liberalisation. It is fitting that, on this 50th
anniversary of the establishment of the Bretton Woods system, the birth of the WTO
completes the goal of postwar leaders to have strong institutions for international
cooperation on financial, developmental, and now, trade afl'airs.
We are determined to ratify the Uruguay Round Asrea.nents and to establish the
WTO by January 1st, 1995.
2.
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We are resolved to continue the momentum of trade liberalisation. We call on
the WTO, IMF, World' Bank and the OECD to cooperate within their own areas of
responsibility.
3. On new international trade issueS we encourage work under way in the O.E.C.D. to
study the interacUo!J of international trade niles and competition policies. We support
the further development of international invesanent rules in order to remove obstacles to
tbreign direct invwtment. ·
4. We welcome the work on the relation between trade and environment in me new
WTO. We call for intensified efforts [within the OECD] Lwithin the WfO] to improve
our underst&nding of new issues including employment and labour' standards [to ·
determine how best to integrate them into the intema1iona1 trading regime].
'· In our meeting nexl year we will review progress on these issues.
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�Juae 18-19 1994. Final text
ENYIRONMJNI
1.
Environment js a top priority for international cooperaLion. It enhances
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employment, growth and living standards, notably through investments in
environmental infrastructure and technology, energy efficiency improvements,
innovative communication and transpo.rtation networks, clean-up of polluted areas.
2.
We urge the multilateral development
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to
c~dliuc
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makJpg progress in
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promoting local participadon and incorporating· environmental considerations into
their prOgrammes.
3.
We support the work of the Commission on Sustainable Development
in
reviewing progress in the implementation of the. Rio process. We look forward c.o the
m panfcular
implementation of the Conventions already concluded,
th~
on
biological diversity and climale-cbangc · and in Ulfs respect we wi1l work for the
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success oC the fo~coming Conferences on these subjec..u in Nairobi and Berlin.
4.
We welcome the restructuring and the replenishment of the Global Environment
.
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Facility (GEF) and we support its choice .as the pcnnancnc financial mechanism of
these two Coavcndons •
We welcome the recent conclusion of the COnvendon on Desertificadon and the
rcsul&s of the ·Conference on S~ Islands, which add
to the framework agreed in
Rio.
5.
We will implement our national plans called for under
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recognize· the need to consider
steps
Cor the post -2000 period.
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th~ ·Rlo agrccmenL and
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June 18-191994.
Final text B!L.
JJKMINE.
We wish to see a stable and independent Ulaaine;
We welcome the Trilateral Statement on nuclear weapons and urge the Ukraine to
accede to the NPT as a non nuclear weapon state.
But we are deeply concerned about the serious economic situation.· Genuine reform
is the only way to improve the economy. We urge the Ukrainian Government to design
and implement rapidly stabilization and structural reforms, including price liberalization
and privatization. This would provide the basis for IMF.lending and for substantial loans
by the World Bank and the EBRD. We are committed to support comprehensive reform
efforts through intensified technical and financial assistance and by facilitating
improved access to our markets for Ukrainian products.
[Conditional on undertaking a strons reform effort, Ulaaine could receive from
multilateral institutions up to .... ~ ...... ]
We endorse the proposal for a conference on Partnership for Economic
Transformation in Ukraine to be held in Canada before our next meeting.
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June 18-19 1994.
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Final· text
COOPERATION AGAINST TRANSNATIONAL CRIME
AND MONEY·LAUNDERING
1.
We are alarmed by the growth of organiu.cUransnalionaJ crime, ipcludlng money
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laundering, and by the use of illicit proceeds to take conttol of lcgidmace business.
This Js a world-wide problem with countries in transition increasingly cargctcd by
criminal organisations. We arc determined to strengthen international
COO~Xo"''adon
to
address this situation.
·We welcome the UN Conference on Organiud Transnational Crime to be held in
Naples next October.
2~
On money-l~dering, we rccogni1.e the achievemeniS of the FATF, which we
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set up 'in 1989, and .. reaffinn our support for its continued work over the next five
years. In order
to
achieve our goal, we agree that counter-measures need
to
be
implemented by FATF memberS and Olh_er Governments with signitlcant firumcial
ccnttes. Ultimate success requires that all Oovernmenrs provide for effecdve measures ·
to prevent the laundering of proceeds from drug trafficking and other serious crime
[or offences which generate a ~ignific:ant amount of proceeds].
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June, 18 - 19 1994 •
Final Tat
IlL
DEVELOPING COUNTRIES
1. We welcome the economic progress of many developing countries. Wc ate
' concerned, however, by the stagnation' and continued poverty in some countries,
particularly in Africa. Since rapid population growth has aggravated poverty in many
countries, we stress the importance of a positive outcome of the Cairo Conference oil
Population and Development.
2. We are committed to. continue our efforts to enhance development assistance as
well as promoting trade and investment in developing countries.
We are encouraged by significant private capital flows to developing countries and
by the efforts of many of these countries, particularly in Latin America and Asia to
reduce trade barriers amons themselves.
We encourage the Paris Club to pursue its efforts to improve the debt treatment of
the poorest and most indebted countries. Where appropriate, we favour a reduction in
the stock of debt and an increase in eoncessionality for those countries facing special
difficulties~
We welcome the renewal of the ESAF and policy changes under consideration by
the IFis which will increase resources available to developing countries.
In the Middle. East, economic development is. ~ential to underpin the peace
process. Thus, along with others, we are providing financial and technical assistance to
the Palestinian Authority and are working· to promote cooperation and development in
the region. We call for an end to the Arab boycott of Israel.
We warmly welcome South Africa's transition ~o full democracy. This will open
up new opportunities for trade and inward investment We will provide further
assistance to help strenghten economic and social development. Not only the people of
South Africa but also her regional neighbours have much to gain from steady economic
policies that unlock her full potential~ We also welcome the adjustment measures taken
by the countries in the CFA Franc zone after the recent devaluation and the prompt
support from the International Community.
3.
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. June, 18- 19 1994.
MON ~U .JIJN ';l-f 08 : '56
F'f.l.I:J'::I
Final tes.t
RUSSIA
1.
We recognize the historical dimension of the reform process in RU$Sia. We ore
encouraged by the commitment to refonn, both political and economic, of the Russian
leadership and by the progress made so far.
The approach we endorsed in Tokyo last year is producing results. We wclco'me
the agreement with the IMF on an economic programme and tbe recent series of loan
agreements with the World Bank and:the EBRD. We eneo~e Russia to work with
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the International Financial· Institutions to
stabiiiZ.O
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the economy~' reinforce the rcfonn
process, and reduce social hardship.
The increases ~n IMP limits, provision of SDRs to new IMP members and
acceleration of World Bank lending that are now \mder considendion will significm1tly
augment the ability to support Russian refonn efforts. The recently agreed
comprehensive rescheduling of Russia's 1994 debt obligations will abo help .
.[We continue to look to the SIO to help remove practicll obstacles in Russia to
our support ctl'orts.J
Mobilizing domestic savings for productive usc and aaracuns foreign private
capital will be crueial to the su~ of Russia's reformS. We tben:fore urge Russia to
improve the. lesaJ and institutional ftamework for private· invesuncat. and for ~al
trade. We ourselves will continue to work with Russia towards OA1T membership, in
order to advance Russia's integration into. the world economy and further improve
access to our markc:bi for Russian products. ·
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We will continue to support refonn in Russia
3. ·
4.
Similar support would · be available, as appropriate, to other economies
tnmsition.
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June, 18-19 1994.
Fiaal tut
NUCLEAR SAFETY
J.
We welcome the progress made in the nuclear safety programme, agreed by the
Munich and Tokyo swnmits, concerning the countries of Central and Eastern Europe
and funner Soviet Union.
2. An effective framework for coordinated action is now in place .The World
B~
working with other lending institutions' including the EBRD and the BIB, and with the
lEA, is helping countries develOp long term energy strategies. Some near-term safety
improvements are on the way. More needs to be done and· long• term actions rnust be
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carried out· The IFis an: irivited ·according to their mandate t() make full use of their
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)ending possibilities for this purpose.
3. We remain committed to the existing international initiatives to promote an early
closure of high risk reactors, The closing down of the Chemobyl nuclear power plant· is
an urgent priority.
We are therefore putting forward to the Ukrainian: Govemment,an action plan for the
closure of Chemobyl. 'Ibis plan, which could be implemented over a five
will require meastl!'es
to
year period.
be taken by the Ukrainian authorities as wen u financial
contributions ftom the ~anal community.
The closure of Chemobyl would be accompanied by the early completion of three new .
reactors to adequate safety standards, by refo~s in the energy sector, increucd energy
conservation and lhc usc of other energy soW"CeS.
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4. (We are ready to support a first tranche of3Uch a plan.
.We consider that this tt:anche, directed to the most urgent operations as identified by our
experts could amount to around USS 300 million~ In this connection we are ready to
support a replt:nishment oflhc nuclear safety ~Wlt]
W call tor other donors and international financiaJ
in~itutions
tu join us irl supporting
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Juoe, 18 • 19 1994.
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:I, ~0 • J.:J
FiaaJ tat
9XT.StJMMtt
We have accepted the invitation of Prime Minister Chretien to meet in Halifax
in •••••...• 199S
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Dublin Core
The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.
Title
A name given to the resource
Don Baer
Creator
An entity primarily responsible for making the resource
Office of Communications
Don Baer
Date
A point or period of time associated with an event in the lifecycle of the resource
1994-1997
Is Part Of
A related resource in which the described resource is physically or logically included.
<a href="http://clinton.presidentiallibraries.us/items/show/36008" target="_blank">Collection Finding Aid</a>
<a href="https://catalog.archives.gov/id/7431981" target="_blank">National Archives Catalog Description</a>
Identifier
An unambiguous reference to the resource within a given context
2006-0458-F
Description
An account of the resource
Donald Baer was Assistant to the President and Director of Communications in the White House Communications Office. The records in this collection contain copies of speeches, speech drafts, talking points, letters, notes, memoranda, background material, correspondence, reports, excerpts from manuscripts and books, news articles, presidential schedules, telephone message forms, and telephone call lists.
Provenance
A statement of any changes in ownership and custody of the resource since its creation that are significant for its authenticity, integrity, and interpretation. The statement may include a description of any changes successive custodians made to the resource.
Clinton Presidential Records: White House Staff and Office Files
Publisher
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William J. Clinton Presidential Library & Museum
Extent
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537 folders in 34 boxes
Text
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Paper
Dublin Core
The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/.
Title
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G-7 Communiqué
Creator
An entity primarily responsible for making the resource
Office of Communications
Don Baer
Identifier
An unambiguous reference to the resource within a given context
2006-0458-F
Is Part Of
A related resource in which the described resource is physically or logically included.
Box 29
<a href="http://www.clintonlibrary.gov/assets/Documents/Finding-Aids/2006/2006-0458-F.pdf" target="_blank">Collection Finding Aid</a>
<a href="https://catalog.archives.gov/id/7431981" target="_blank">National Archives Catalog Description</a>
Provenance
A statement of any changes in ownership and custody of the resource since its creation that are significant for its authenticity, integrity, and interpretation. The statement may include a description of any changes successive custodians made to the resource.
Clinton Presidential Records: White House Staff and Office Files
Publisher
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William J. Clinton Presidential Library & Museum
Format
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Adobe Acrobat Document
Medium
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Reproduction-Reference
Date Created
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1/12/2015
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42-t-7431981-20060458F-029-013-2014
7431981