NEWSLETTER – SPRING 2010

Website:           www.wtj.org.uk

 

FRIDAY 12th MARCH 2010

 

7.30pm at St Michael’s Church Hall, Gills Lane, Pensby, CH61 1AF

 

‘HAITI EARTHQUAKE – THE AFTERMATH…’

 

Come and hear Marcus Torchon.  Sharing his experience with us of his recent fact finding mission to Haiti.

 

This is a unique opportunity to hear first hand of the reality of life for those affected.

We expect a large turnout for this event, so don’t miss out!

 

Reverend Marcus Torchon is a local Methodist minister, covering churches in Neston, Little Neston & Bromborough, currently here on an exchange programme till 2011, with his wife Sylvia and son, Jean de Luc. Marcus is a Haiti national whose immediate family were caught up in the recent devastating earthquake in Port-au-Prince.  Fresh from his visit, come and hear Marcus update us on the current situation in Haiti, the poorest country in the Western hemisphere, as it slowly starts to re-build its economy and infrastructure.  And speak of his hopes of forging solidarity with his fellow Haitians, and establishing links between groups and organisations over in his home country, and here.

 

Please publicise this event as widely as possible, using the poster on the last page

 

In the midst of all this, however, Haiti’s economy is still facing the enormous burden of its ongoing debt crisis.  But thanks to action taken by thousands of people in the UK and across the world, the G7 announced on 6 February that it would work to cancel all of Haiti’s debts. This is a welcome statement, but we need to keep up pressure to make sure debt relief is delivered. As the spotlight on Haiti starts to fade, the promise of debt cancellation might become less of a priority – or even turn into a bad deal for Haiti.


In particular debt cancellation could mean Haiti being forced to meet a set of economic conditions; the cancellation being taken from Haiti’s own aid allocation; or the restructuring rather than total cancellation of Haiti’s debt.

In addition, it is crucial that aid to Haiti is genuinely used to rebuild the Haitian economy – not to line the pockets of Western contractors.   A recent report from Eurodad finds that, as things currently stand, Haiti owes $677 million to the international financial institutions. Without cancellation, Haiti is expected to pay $350 million in debt repayments to its creditors over the next 9 years - $105 million to the International Monetary Fund.

Please continue to campaign for Haiti’s debt to be dropped.  Debt cancellation should mean cancellation -  http://www.jubileedebtcampaign.org.uk/  

 

VULTURE FUNDS - Jack Heery

 

Most people, when they are told about Vulture Funds, simply can’t believe their ears.  Can you believe this? Zambia bought some tractors on credit from Romania in 1979 for $15m; after years of default the debt with interest stood at $30m in 1999; Zambia was then about to agree with Romania to have the debt discharged for $3m; Donegal International stepped in and bought the debt for $3.3m; the debt then stood at $55m which they claimed in full in a British court; the court awarded Donegal International $15m which has now been paid using money that has come from aid budgets designed to reduce poverty.

There are many such cases, some completed in the Vulture Funds’ favour and others currently going through the courts. We had a discussion about Vulture Funds at the AGM and the meeting passed a resolution (in full on the web-site) which we sent to Wirral MPs and to the government asking them to do something about the way the British legal system is being abused by these funds to wring the last drop out of some of the poorest countries in the world.

 

A private members bill, introduced by Labour MP, Andrew Gwynne, was put before the House of Commons on Friday 26 February for its second reading. The support and votes of 100 MPs were needed, with no votes against.   If successful, there is a chance that the worst excesses of the Vulture Funds’ activities may be reduced if the legislative process can be completed before the General Election.  Keep the pressure on your MP to make sure that something happens –contact them here: http://findyourmp.parliament.uk/

At the time of this going to print, the result of that second reading was still awaited.  (See the website for the latest bad news.)

Follow what the outcome was here: http://www.jubileedebtcampaign.org.uk/

 

We must keep the pressure up at least by asking candidates in the coming General Election what their own and their party’s policy is on the question – and possibly sending Andrew Gwynne a letter of support and encouragement -.            http://findyourmp.parliament.uk/

 

TRADE OUT OF POVERTY - David Bird

 

I’m not a stranger to trade justice matters, but I hadn’t heard of the Trade Out of Poverty campaign (launched in March 2009!) until alerted by the latest issue of the United Nations Association magazine. You, like me, might be interested, attracted by the names of the five co-chairs: John Battle MP (Labour) (whose inspirational talk to WTJ a few years back will be remembered by many), Menzies Campbell MP (Liberal Democrat), Lord (Michael) Hastings (Independent Lord), Peter Lilley MP (Conservative) and last, but surely not least, Clare Short MP (Independent).  Appetite whetted; read on.

 

The campaign aims to help the Low Income Countries and they think that this is realistic now that India has risen out of this group to become a Middle Income Country alongside China. They have five specific aims (see  http://www.tradeoutofpoverty.org  for details).

 

Seems like a good idea, even if just a tiny bit “Westminster-village oriented”. You might like to sign their petition, to be found on their website.

 

Here’s  a quote from them: “Completing the Doha Round is vital. But although it was billed as a “development round”, Doha is mainly about freeing up trade between the rich countries and the Middle Income Countries. There is little in it for the poorest nations. Moreover, most of the changes we call for can be introduced by the EU and any of the other developed countries, acting individually, without needing to wait for the slowest ship in the convoy”.

 

ANNUAL GENERAL MEETING - 13 November 2009

Nearly 40 members attended the AGM in St Michael’s church hall last November.  The executive committee was re-elected and now consists of: Jack Heery, chairman; Alan Vernon, vice-chairman; John Eardley, secretary; Paula Horton, treasurer; Jill Loach, minutes secretary; Liz Seager, membership secretary; Glynn Ridge, publicity officer; and Ceri Tector and Julie Newman.  The executive committee has since appointed Cheryl Ellis to the committee.  Cheryl has taken on the job of newsletter editor.  After the AGM Alan Vernon introduced the Trade Rules Game, which was devised by Christian Aid to demonstrate the unfairness of the World Trade Organisation’s trade rules.  In almost all recorded cases these rules have worked in favour of the richest countries.  Members entered enthusiastically into the spirit of the simulation and learned a great deal about the difficulties facing representatives of the poorest countries when they are trying to negotiate with their better-resourced opposite numbers from the developed world. 

 

THE DOHA ROUND  - ELDIS, Institute of Development Studies, Sussex

 

A summary of the present situation regarding the Doha Round of WTO negotiations

 

In contrast to the Northern developed countries, the majority of developing countries depend on agriculture as a provider of livelihoods. As a result, the poorest group of developing countries in the Doha Development Round, the G90, is pushing hard to make sure their interests are recognised, and that they are entitled to ‘special and differential treatment’ to strengthen their handicapped trading positions. However, there is also a group of so-called ‘advanced’ developing countries, such as Brazil, that have large and efficient agricultural systems. This group is thus pushing for more liberalisation in order to exploit their competitive advantages.

In agricultural negotiations in the Doha Development Round, they can generally be divided into four core themes: market access, domestic supports, export competition, and development issues:

 

1             Market access: this includes import tariff reductions, rules for ‘special’ and ‘sensitive’ products, and a safeguard mechanism protecting developing countries from big dips in world prices, or surges in imports which could threaten food security

2             Domestic supports: the subsidy payments to farmers, which the WTO has classified into 3 different coloured boxes, representing different levels of trade-distorting financial supports

3             Export competition: which includes export subsidies, and food aid issues (such as the dumping of Northern agricultural surpluses in developing countries)

4             Development issues: recognising the reduced agricultural capacity of many developing countries and thus the need for flexibility and ‘special and differential treatment’ (SDT)

 

 

 

Website:           www.wtj.org.uk

 

  FRIDAY 12th MARCH 2010

 

7.30pm at St Michael’s Church Hall, Gills Lane, Pensby, CH61 1AF

 

‘HAITI EARTHQUAKE – THE AFTERMATH…’

 

Come and hear Marcus Torchon.  Sharing his experience with us of his recent fact finding mission to Haiti.

 

This is a unique opportunity to hear first hand of the reality of life for those affected.

 

DO JOIN US.     ALL VERY WELCOME!

 

Reverend Marcus Torchon is a local Methodist minister, covering churches in Neston, Little Neston & Bromborough, currently here on an exchange programme till 2011, with his wife Sylvia and son, Jean de Luc. Marcus is a Haiti national whose immediate family were caught up in the recent devastating earthquake in Port au Prince.  Fresh from his visit, come and hear Marcus update us on the current situation in Haiti, the poorest country in the Western hemisphere, as it slowly starts to re-build its economy and infrastructure.  And speak of his hopes of forging solidarity with his fellow Haitians, and establishing links between groups and organisations over in his home country, and here.