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World Debt And G7 Summit

EDM number 1115 in 1990-91, proposed by Jeremy Corbyn on 11/07/1991.

That this House is alarmed at the high level of debt of the world's poorest countries; notes that the reality of the world's economy is that through interest payments and repatriation of profits by multi-national companies there is an enormous net transfer of wealth from the poorest countries to the banking systems of the West; further deplores the way in which the International Monetary Fund, World Bank, G.A.T.T. and Lome Convention are enforcing liberal free market economic regimes on the poorest countries with the consequent disastrous cuts in public spending, high unemployment, deteriorating environment and health care; and accordingly calls for the G7 Summit to propose the writing off of the debt and real increase in commodity prices for the poorest countries' products.

This motion has been signed by a total of 25 MPs.

Jeremy Corbyn11/07/1991Islington NorthProposed
Keith Vaz11/07/1991Leicester EastSeconded
Dennis Skinner11/07/1991BolsoverSeconded
Tony Benn11/07/1991ChesterfieldSeconded
Tony Banks11/07/1991Newham North WestSeconded
Harry Barnes11/07/1991North East DerbyshireSigned
Bill Michie15/07/1991Sheffield, HeeleySigned
Terry Davis15/07/1991Birmingham, Hodge HillSigned
John Cummings16/07/1991EasingtonSigned
Mike Watson16/07/1991Glasgow CentralSigned
John Battle16/07/1991Leeds WestSigned
Norman Godman16/07/1991Greenock and Port GlasgowSigned
Eddie Loyden16/07/1991Liverpool, GarstonSigned
Terry Lewis16/07/1991WorsleySigned
Joan Lestor16/07/1991EcclesSigned
Martin Redmond16/07/1991Don ValleySigned
David Lambie17/07/1991Cunninghame SouthSigned
Mildred Gordon17/07/1991Bow and PoplarSigned
Gerry Steinberg17/07/1991Durham, City ofSigned
John McFall18/07/1991DumbartonSigned
Bob Cryer18/07/1991Bradford SouthSigned
Win Griffiths18/07/1991BridgendSigned
Dennis Turner18/07/1991Wolverhampton South EastSigned
James Wray23/07/1991Glasgow ProvanSigned
Eric Illsley24/07/1991Barnsley CentralSigned

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