Financial Times FT.com

Chirac seeks international tax to fight Aids

By Alan Beattie and Krishna Guha in Davos

Published: January 27 2005 21:05 | Last updated: January 27 2005 21:05

Thabo Mbeki, South African president, and Bill Clinton, former US president, on Thursday cast doubt on the feasibility of international taxes to fund development aid proposed earlier this week by Jacques Chirac, French president.

Mr Chirac, addressing the world economic forum, on Wednesday night, argued for a new global tax on aviation fuel, financial transactions or capital flows.

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