«Il n‘y a pas un monde développé et un monde sous-développé, mais un seul monde mal développé»
HUMAN RIGHTS COUNCIL
4th session
March 12 – March 30 2007
[Excerpt from the statement]
Indeed, in order to understand the debt crisis in Third World countries and the catastrophic economic and social situation in which they find themselves, we must start with the origins of the debt in order to highlight all those responsible, especially the countries of the North, which are often overlooked in the mainstream discourse. To do this, the first step is to carry out accurate and independent national audits of Third World countries’ debt. The cancellation of a debt owed by Ecuador to Norway, mentioned by the independent expert, would not have been possible without the mobilization of Ecuadorian and Norwegian social movements and the completion of an audit of this debt. In light of the results of this campaign, Norway concluded that the debt in question was illegitimate and wrote it off. This historic decision deserves to be welcomed.
