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BEIJING: Russian President Boris Yeltsin wraps up a three-day summit in China by signing an historic agreement to reduce tensions along the border between the two countries. Yeltsin and China's President Jiang Zemin, along with the Presidents of Kazakhstan, Kyrgyzstan and Tajikistan, have promised that their troops along the 2,600-mile border will not attack or target military exercises at each other. "This is an historic agreement for both sides," Beijing bureau chief Jaime FlorCruz says. "China is trying to build a predictable and peaceful relationship along all of its borders. Beijing wants to assure a peaceful...
...attractive market. Russia has a lot to offer China in terms of aircraft, military, nuclear and satellite technology." During Yeltsin's visit, the two countries are expected to sign 14 agreements, including one setting up a hot-line between Moscow and Beijing. The main goal of the summit is to improve the relationship between the two countries. "Yeltsin's visit is an attempt to put substance into the relationship," FlorCruz says. "This summit will put the relationship on a more solid basis in terms of trade, economic cooperation, border agreements, and provide more political exchange." Along with bolstering relations, Yeltsin...
MOSCOW: The weekend summit between Russian President Boris Yeltsin and the leaders of the seven major industrialized nations could provide a needed boost to Yeltsin's struggling reelection campaign. With the G-7 seeking to prevent a return to power by Russia's increasingly popular Communist Party, the biggest concern for G-7 leaders was showing support for Yeltsin and his reform policies. "All the pomp and ceremony of being seen with world leaders has to have some impact on voters," Moscow correspondent Sally Donnelly says. "Standing near people like German Chancellor Kohl and President Clinton touches the Russian idea...
Even those who disdain the American system admit now their own is badly broken. President Jacques Chirac of France, who hosted a jobs summit last week of the seven rich industrial countries, called for a "third path" between the too cozy welfare state and the "precarious" U.S. labor market. Taking the American approach immediately is simply not an option. "Any political party that tried would run into a cultural wall upholding public service, entitlements, paid vacations and so forth," says Jean-Marie Chevalier, a University of Paris economics professor. "They'd be kicked...
After much debate, the summit participants addressed this question with three resolutions. The Governors agreed to adopt their own "internationally competitive academic standards" within two years. The business leaders pledged that in one year they will begin asking for academic transcripts from job applicants and consider a state's educational standards when deciding where to open new plants. And all resolved to establish within 90 days an independent, nongovernmental body that will act as an "information clearinghouse," measuring, comparing and reporting on each state's annual progress...