G8, AU call for partnership for global growth

G8, AU call for partnership for global growth

The G8 and the African Union Commission have called for an enhanced partnership between the G8 and Africa to enhance global growth.

This was the outcome of the just concluded G8 summit in France.

Improved relations

In order to achieve this goal the two groups agreed to further promote together, shared values, notable peace and human rights, democratic governance and sustainable development.

They noted the overall progress that has been made towards stability and democracy on the continent as well as the current global threats such as terrorism, trafficking in human beings, arms and drugs, organized crime and piracy likewise.

It was agreed that there is also an urgent need to strengthen national and regional initiatives in Africa with the support of the international community and increased global cooperation.

The G8 and the AU welcome the initiative of regional economic communities to build up the African Peace and Security Architecture (APSA), including the African Standby Force, as well as the successful implementation of the G8 Action Plan, adopted at the Sea Island Summit in 2004, aimed at reinforcing African peacekeeping capabilities.

The G8 equally promised to continue to support capacity building and technical cooperation on macro-economic governance, domestic taxation, public financial management, and negotiations of concessions and contracts.

PR/ Qasim