The United Nations has begun talks with African leaders in Geneva, Switzerland, over a levy on oil that could rake in huge sums to fight disease in developing countries, reports said.”This year I will be working with African leaders for a tax on natural resource extraction, a very important development,” said Philippe Douste-Blazy, chairman of UNITAID, the UN’s drug purchase facility.
“The idea is to levy a microscopic solidarity contribution on the country’s side, 10 cents per barrel, he told reporters on Wednesday.
Douste-Blazy said the programme would also cover gas and mining and that discussions were ongoing with “three or four” African leaders, but declined to elaborate.
Also attending was Christine Kaseba-Sata, first lady of copper-mining hub Zambia and a UN women’s health ambassador.
She welcomed the tax idea, noting that Zambia was already eyeing ways to harness a domestic levy on mining and construction.
( Courtesy APA, United Nations & AGENCIES ……… Source ………. Freelance Contributor in London)