AHG/235 (XXXVIII)
Annex I
Page 9
25. We welcome the strong international interest in and support for NEPAD. It is our
intention to build on this promising foundation, working with our development
partners and the wider international community to:
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forge new forms of international co-operation in which the benefits of
globalisation are more evenly shared;
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create a stable international economic environment in which African countries
can achieve growth through greater market access for their exports; the
removal of trade barriers, especially non-tariff barriers and other forms of
protectionism; increased flows of direct foreign investment; debt cancellation;
a meaningful increase in ODA; and the diversification of their economies.
Africa’s prosperity will be a multiplier in world prosperity.
26. NEPAD is founded on a hardheaded assessment of the political and socioeconomic realities in Africa today. We do not, therefore, underestimate the
challenges involved in achieving NEPAD’s objectives, but we share a common
resolution to work together even more closely in order to end poverty on the
continent and to restore Africa to a place of dignity in the family of nations.
27. No African country is a replica of another and no African society is a mirror image
of another. However, we believe that the variety within our oneness can be
enriching. It is part of the purpose of this Declaration to mobilise all those
enriching qualities to build African unity, in respect of the specific of our countries.
African Peer Review Mechanism
28. We have separately agreed to establish an African Peer Review Mechanism
(APRM) on the basis of voluntary accession.
The APRM seeks to promote
adherence to and fulfilment of the commitments contained in this Declaration.
The Mechanism spells out the institutions and processes that will guide future
peer reviews, based on mutually agreed codes and standards of democracy,
political, economic and corporate governance.