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Tuesday, 26 May, 1998, 17:13 GMT 18:13 UK
World Bank delays loans for India
The Canadian foreign minister, Lloyd Axworthy, has said India's decision to test a nuclear bomb meant that it had sacrificed any chance of getting a permanent seat on the United Nations Security Council. He said the international community had to show it rejected the notion that acquiring a nuclear weapon was a way of elevating a country's status. Arguments have beenforwarded at the UN in recent times for influential developing countries like India and Brazil to be given a permanent place on the Security Council. Meanwhile, the World Bank has delayed a decision on whether to approve an eight-hundred million dollar loan to India, following the controversy over the tests. From the newsroom of the BBC World Service |
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