South Africa urges rich countries to reach a compromise

By Mandisi Tyulu

01 December

South Africa has urged rich states and developing countries to reach a compromise on a draft document at a United Nations aid summit in the Qatar capital of Doha.

Finance Minister Trevor Manuel says the negotiations for the outcome document have been terribly slow, as the two sides square off over reforming the global financial system.

It is reported that the meeting, aimed at advancing UN goals on reducing extreme poverty, has been overshadowed by the financial crisis.