Saturday, May 19, 2012

G8 insist Iran, N Korea need to be transparent about their N-programme

Group of eight leaders have agreed in their initial discussions at Camp David that Iran needs to disclose more about its nuclear ambitions and that it was time to focus on a political transition in Syria.

Last evening dinner, hosted by US President Barack Obama, was the first opportunity for the G8 leaders to discuss global security concerns.
They will talk about the euro zone crisis and other economic issues, including oil market pressure at the summit on May 19.
European stock markets opened lower after heavy losses in Asia overnight but then bounced, including in Madrid – a sign of the extreme volatility as the crisis whiplashes investors who want safety above all.
The leaders, including newly elected French President Francois Hollande and Russian Prime Minister Dmitry Medvedev, also stressed  North Korea needed to adhere to international norms on nuclear issues.
The US officials described “a sense of optimism” about conditions in Myanmar, and said the leaders gathered at Camp David, in the Maryland countryside, pledged to cooperate on providing aid.