7, which will hold its annual summit in Gleneagles, Scotland, in July. It will also take over the European Union presidency in the second half of 2005 while also chairing a replenishment conference of the Global Fund for HIV/AIDS, Tuberculosis and Malaria and will issue a report of the British-appointed Commission on Africa. Lewis said African nations were paying more money for debt servicing than it received from all creditors, proposing that the G-7 work out an agreement to reduce or eliminate African debt. --More 2346 Local Time 2046 GMT
