GRi BEF News  29-03-2000

 

Delegates to EU-Africa summit to be known at eleventh hour

 

ECOWAS Ministers affirm their commitment to fast track

 

Cocoa Council makes declaration on current cocoa market situation

 

 

 

Delegates to EU-Africa summit to be known at eleventh hour

Brussels (Belgium) 29 March 2000

 

Organisers of the first summit between the European Union and Africa will have to wait until the last minute to know for sure who is coming next week, EU sources said on Monday.

They said many African leaders invited to the 3-4 April gathering in Cairo were "not telling for security reasons" whether or not they were going to attend.

Their secrecy was a reflection of Africa's chronic political instability, which the Europeans are keen to address.

But the source said most of the EU's 15 heads of state or government and most of the leaders of Africa's 52 countries were likely to turn up for the unprecedented gathering.

Symbolism, however, looks likely to surpass substance.

Individual speaking time will eat up a sizeable chunk of the 10 hours of plenary sessions over the two days.

After six weeks of what an EU official called "laborious" preparation, African and European delegates for the summit have narrowed their differences on what to discuss and largely compromised on an agenda.

The EU's desired emphasis on political issues, democracy, human rights, good governance and conflict prevention will share equal time with Africa's stress on social and economic development and aid, the EU official indicated.

Final details of a summit declaration and a "plan of action" will be issued out by foreign ministers meeting in Cairo over the weekend, said the official, who did not wish to be quoted.

The summit is intended to promote Africa's potential, pave the way to closer integration with Europe, its main trading partner, and generally give new strategic dimensions to the relationship.

After a decade largely devoted to embracing the former communist states of eastern Europe following the end of the Cold War, the EU aims to reassure Africa it is not being forgotten, a message already conveyed by the United States with President Bill Clinton's tour of the continent last year.

The EU-Africa summit was first proposed by Portugal in 1996 but the 15-member bloc has taken longer than Washington to put its new Africa diplomacy into practice. The event was only confirmed less than two months ago.

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ECOWAS Ministers affirm their commitment to fast track

Abuja (Nigeria) 29 March 2000

 

ECOWAS Ministers meeting in the Nigeria capital, Abuja ahead of a mini summit of six member countries, have affirmed their commitment to integrate the sub-region through the adoption of the fast track approach initiated by Ghana and Nigeria.

Ministers from Ghana, Niger, Togo, Burkina Faso, Benin and host country Nigeria met for long hours into the evening on Sunday to put finishing touches to proposals for the adoption of an effective borderless zone in the framework of regional integration.

Prominent among the issues that have received wide consensus are the need to adopt a free trade and movement of the peoples, promote the private sector and the creation of a second monetary zone.

ECOWAS has expressed optimism that the proposed protocols are achievable and that a second monetary zone could be established by 2004.

It is quite feasible to start the West African borderless zone, ECOWAS executive Secretary Lansana Kouyate reaffirmed in his opening address to the Ministers.

The Ministers proposals will be put before the summit of Heads of State, which opens on Monday evening.  It is on the theme: "The creation of a borderless zone".

Vice President John Atta Mills who arrived in Abuja on Sunday to a red-carpet reception by the host government is leading Ghana's delegation.

The others are Mr Kwamena Ahwoi, Minister for Economic Co-operation and Regional Integration, Mr Peter Wiafe Pepera, Deputy Minister of Trade and Industries, Mr Kweku Bonful, Deputy minister of Interior and Mr Joseph Awa Laryea, Deputy Minister of Foreign Affairs.

Prof. Mills also held closed-door talks with President Olusegun Obasanjo that foreign officials said was on bilateral relations and the role of the two countries in the integration process.

Ghana and Nigeria are at the fore-front accelerating the implementation of the fast track approach and have shared joint experiences with the other member states at various levels since the fast track protocol was initiated in December last year.

At the end of their meeting in Bamako, Mali in January this year, the ministers pledged to make the sub-region a land of law and order.            

Democracy, peace and security, popularise and achieve socio-economic integration, alleviate poverty among the people and create a borderless zone to enhance free trade and movement.

Apart from pushing these objectives forward, the Abuja summit is expected to vigorously pursue infrastructural development as basis for development.

Mr Pepera who represented Ghana at a review meeting on the free trade area, told reporters that the meeting recommended that relevant instructions should be given to immigration officials in the region to maximise the 90-day period of stay to ECOWAS citizens by April 15, this year.

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Cocoa Council makes declaration on current cocoa market situation

Accra {Greater Accra} 25 March 2000.

 

The International Cocoa Council (ICCO) has called on the World Bank and the International Monetary Fund (IMF) to assist cocoa producing countries to find suitable ways of marketing their produce in the framework of a liberalised system.

The ICCO said this would create confidence between operators in the cocoa production chain, avoid the detrimental effects of exclusive spot markets and establish fully the conditions for forward sales to avoid the downward pressure of the cocoa market.

In an eight-point declaration issued after the 61st regular meeting of the Council in London and released in Accra on Friday, it said the Bank must also improve prospects for the international cocoa market in the medium to long-term period through the promotion of cocoa consumption in the areas of low consumption, and in producing countries themselves in liaison with the private sector.

Mr. J. H. Newman, Chief Executive of COCOBOD, led the board's three-man delegation. Also in attendance was Mr. J.E.K. Aggrey-Orleans, Ghana's High Commissioner to London.

The declaration, which was arrived at against the background of the current market situation of plummeting prices, asked the World Bank to encourage policies for diversification in order to reduce the impact of price fluctuations on the economies of producing countries.

The declaration emphasised the need to continue the application of the production-management plan within the International Cocoa Agreement leading to equilibrium between supply and demand at remunerative prices.

In order to eliminate sub-grade cocoa from the chain and improve quality in the short to medium-term, the Council requested the World Bank and the IMF to take the necessary steps to foster co-operation between producers and consumers.

The Council said the declaration was arrived at after considering the drastic fall in prices to SDR 639 (569 pounds) per tonne of cocoa beans in February 2000.

The figure is the lowest point in 27 years.

It said it also took the decision having reviewed the current cocoa situation and noting that the evolution of the fundamental parameters of the market cannot alone justify such drastic decrease in prices.

The meeting also considered the detrimental effect of the situation on the cocoa economy, particularly in producing countries as well as the near disappearance of forward sales in Cote d'Ivoire following full liberalisation of the sector in that country that has accentuated the downward pressure on prices.

The Council said the situation is a confirmation of fears it expressed on the possible effects of liberalisation on the world cocoa economy to the World Bank and IMF in 1995.

The Council, therefore, requested that the declaration be transmitted to all members and observers and all lending institutions involved in the cocoa sector and to organise appropriate contacts with those institutions and countries concerned.

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