Below is the text of Mr Major’s comments on the G7, made in an interview held in London on Friday 19th July 1991.
[Mr Major was asked about whether the third world countries had been ignored at the G7 conference].
It is certainly not true, the countries in the world that will most gain from an increase in world trade, the opening access to markets and stability of inflation and growth are Third World countries and then of course, in terms of the very poorest Third World countries there was perhaps the biggest advance we have seen at any G7 meeting ever and that is the agreement to go a long way beyond Toronto terms in writing off the debt of the very poorest countries.
So I do not agree with that analysis at all and the point about opening market access is absolutely critical to the Third World, there is no point in the industrialised world providing aid to the Third World and then closing their markets to the products of the Third World, that is more damaging than anything else. So I think it was a very good summit for the Third World.
[Mr Major was asked if the Soviets had left the G7 conference empty-
Only those who wanted to say that said that, only those who were pre-
[Mr Major was asked if that would improve the short-