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NEPAD and the dti’s trade agenda Briefing to Parliament’s T&I Committee 27.02.2002. 2001. The NEPAD Framework. Seven main initiatives: Peace, Security, & Political Governance Economic Governance Infrastructure Human Resource Development Capital Flows Market Access Environment.
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NEPADand the dti’s trade agenda Briefing to Parliament’s T&I Committee27.02.2002 2001
The NEPAD Framework Seven main initiatives: • Peace, Security, & Political Governance • Economic Governance • Infrastructure • Human Resource Development • Capital Flows • Market Access • Environment
NEPAD Goals • 7% average GPD growth for next 15 years • Investment in HR • Promoting women’s role in economy • Promoting sub-regional & continental integration • Strengthen partnership & coordination with development partners • Capacity building for trade & development • Effective participation in multilateral orgs
Implementation of NEPAD • Implementation Committee of leading Heads of State (Mbeki, Obasanjo, Bouteflika, Wade, Mubarak) • Steering Committee of 15 African countries • Secretariat & Executive Director **** • Implementation Committee to decide on programmes & initiatives, & sequencing, & review & monitoring
NEPAD and Existing Initiatives • UN Millennium Declaration • G8 Okinawa Declaration • Copenhagen & Skagen Declaration • Cotonou Agreement • EU-Africa Plan of Action • AGOA • China-Africa partnership • WTO Doha Development Agenda • Sub-regional and Continental initiatives NEPAD will establish linkages and synergies
Outlook for NEPAD • G8 support – as group & individually • Canada’s fund pledge of US$500m Key events for NEPAD in 2002: • Bush’s meeting with Chissano, dos Santos, Mogae • Financing for Development Conference • G8 summit • African Union summit • World Summit on Sustainable Development
the dti and NEPAD • SA’s bureaucracy contributed to NEPAD framework • Continued role of SA’s bureaucracy in NEPAD still to be institutionalized • Interaction with NEPAD secretariat • SA’s overall global economic development strategy consistent with NEPAD, conceptually and practically • - sustained growth & development in SA critical to NEPAD
the dti and NEPAD cont. NEPAD-relevant elements of SA’s global economic development strategy: • Regional integration project (SACU, SADC, SDIs) • Engagement in rest of continent: • Frameworks: JMCs, BNCs • Infrastructure project work – bilateral and cross-border (e.g., energy, water, mining, roads, agri-business, etc)
the dti and NEPAD cont. • Trade & Investment frameworks: • Non-preferential agreements • Preferential arrangements? Options: Unilateral? Reciprocal/asymmetric? Sub-regional bloc to bloc? African Union/Abuja Treaty Key strategic consideration: EU & US ambitions
the dti and NEPAD cont. • Multilateral Engagements: • WTO • EU: Cotonou; Cairo Plan of Action • US: AGOA, FTAs • Japan: TICAD • China: Sino-Africa partnership