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G8 steps up plans to aid Arab Spring economies

Meet underscores efforts needed to stabilise the transition economies of Egypt, Libya, Jordan, Morocco and Tunisia

Industrialised nations have stepped up plans to help countries swept up in the Arab Spring rebuild their economies through more access to international credit markets, investment and trade, a senior State Department official said on Monday. Undersecretary of State Robert Hormats said while headlines from a G8 leaders' summit at the weekend focused on the economic crisis in the euro zone, the meeting also underscored efforts needed to stabilise the transition economies of Egypt, Libya, Jordan, Morocco and Tunisia. The G8 launched the so-called Deauville Partnership last year, including ...