UN Postpones Financial Summit Until Late June |
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May 26,2009
The United Nations rescheduled a summit focused on the financial crisis which will attempt to lay down proposals for a new international financial architecture to June 24-26, a spokesman said on Tuesday.
The United Nations rescheduled a summit focused on the financial crisis which will attempt to lay down proposals for a new international financial architecture to June 24-26, a spokesman said on Tuesday.
Enrique Yeves, spokesman for U.N. General Assembly President Miguel D'Escoto Brockmann, said the dates were pushed back from June 1-3 in order to accommodate member states who said they needed more time to negotiate a draft proposal on ways to improve the global financial system.
The summit is called the United Nations Conference on the World Financial and Economic Crisis and its Impact on Development. Its aim is to identify emergency and long-term responses to mitigate the impact of the crisis, especially on vulnerable populations.
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