Perhaps more telling is the fact that the money they send back home surpasses the amount of money the countries receive in direct foreign investment and official development aid.

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According to this so-called "Monterrey Consensus, " the United States and other developed nations are obliged to provide 0.7 percent of their gross national income in foreign aid (also known as Official Development Assistance or ODA).

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They contend that, pursuant to agreed Millennium Development Goals contained in the Report of the International Conference on Financing for Development (dubbed the "the Monterrey Consensus"), the United States and other developed nations are obliged to provide 0.7 percent of their gross national income in foreign aid (also known as Official Development Assistance or ODA).

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That is UN-speak for a commitment developed nations like the United States undertook in 2002 to commit 0.7% of their gross domestic product to Official Development Assistance (ODA, also known as foreign aid).

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Since then, Japan's prime ministers and the emperor have offered official apologies on many occasions and the government has continued to offer development aid to China.

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