The pact, known as the Statement of Principles, is set to expire next year.
The pact, known as the Statement of Principles, is set to expire in the summer.
The conference's organising committee is now working on a further statement of principles, to be released later.
The previous Labour government agreed the statement of principles on flood insurance with the insurance industry in 2008.
His brief statement of principles sounded similar to the Senate bipartisan outline, save for his notable omission of a guest-worker program.
The environment secretary repeated that it was the Labour government who agreed with insurers not to renew the statement of principles.
If there is any policy meat to be found in Mr Blair's vaunted Third Way, this statement of principles is it.
Obama told reporters that before McCain suspended his campaign, he had called McCain on Wednesday to propose a joint statement of principles to govern the bailout.
"I find it hard to believe that after seven years in office only now are ministers prepared to make a 'statement of principles' on pension reform, " he said.
BBC: NEWS | UK | UK Election 2005 | Pension reform tests are unveiled
Mrs Spelman said ministers were "at an advanced stage in intensive and constructive negotiations with the insurance industry" on a deal to come into force when the current statement of principles expires.
In 2006, Mr. Markey joined 54 other Catholic Democrats in the House in signing a "Catholic Statement of Principles, " reserving the right to disagree with the Catholic Church on important issues like abortion.
He also announced a new "statement of principles" for high street banks to put pressure on them to lend to small businesses and action to encourage more responsible lending by credit card companies.
The Libyan peace bid has avoided any statement of principles, and both Mr Turabi and Mr el Mahdi may see it as a way of achieving a reconciliation of conservative Islamists that would take secularism and self-determination off the agenda.
Mrs Spelman retorted that Labour "had two years in government from the time it agreed that the statement of principles would not be renewed and found no solution, leaving this government with a ticking time bomb in the same safe where there was no money left".
Nearly two years after Abu Ghraib, the world is still waiting for a clear statement of America's principles on the treatment of detainees.
The 18 "guardians" of the Reuter Trust Principles said in a statement Tuesday that they had worked closely with Thomson and Reuters over the last week to ensure the company's code of editorial independence would be upheld after the takeover.
Today, at the Seoul Summit, G-20 issued a statement that includes principles on development and a comprehensive multi-year Plan of Action for future G-20 engagement.
The two "purposely withheld vital information on the sale of the bank from other share traders to implement their crime and violated the principles of transparency and equality between traders, " according to a statement from prosecutors.
Apple said in its proxy statement that its generous stock awards reflected the team nature of its executives' work, and was based on two principles: that each "must demonstrate exceptional personal performance in order to remain part of the executive team" and that each must contribute to Apple's overall success "rather than focus solely on specific objectives".
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