French President Jacques Chirac on Friday repeated his call for an international tax to fight world poverty, saying he intends to raise the idea at next month’s G8 summit.
Chirac recently appointed a panel of experts including economists, business leaders, government officials and activist groups to examine the possibility of placing taxes on certain international industries such as shipping or arms sales, or imposing extra carbon emissions taxes.
After receiving a briefing from the panel, which is due to publish a full report in July, Chirac commented that awareness of the issue is rising and claimed that the OECD has recently begun to see the “potential” of such a levy.
However, The French President is likely to have a tough task in convincing his fellow G8 leaders, and was quoted as observing that France will have to “advance progressively” to overcome this resistance.
.Tags: Italy | Italy
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