Wednesday, June 06, 2007

UN business summit set to show globalisation's bright side


The United Nations' biggest ever meeting with business leaders in Geneva next month will present evidence that globalisation is a catalyst for improvement of social and environmental standards, an official said Monday.

Brazil's President, Luis Inacio Lula da Silva, and his South African counterpart, Thabo Mbeki, are also due to join UN Secretary General Ban Ki-moon as well as civil society groups and labour leaders, in the summit of the UN's Global Compact on July 5 and 6.

The Compact formed in 2000 brings companies together with UN agencies, labour and civil society groups in a pledge to support ten universal human rights, labour, environmental and anti-corruption principles. About 4,000 companies have now joined.

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