Promoting fair trade, strengthening the inclusive dimension of economic growth, better-guaranteeing peace and stability in the global south. The summit focused heavily on the topic of multilateral cooperation to boost prosperity in the region.
In the Kenyan capital, the focus has been on maintaining and even strengthening multilateralism at a time when, this political, diplomatic and economic approach and practice of international relations is weakening.
Discover quality content across all passions and interests. Personalized news, biotech, finance, economic headlines, and more. Born2Invest mobile application gives you the full perspective and helps readers stay on top of the latest news.
The main theme was “An ACP group transformed and committed to multilateralism.” 17 Heads of State and representatives of 70 of the 79 Member States of the ACP Group took part in the opening of the Summit. The first Summit of ACP Heads of State and Government was held on November 6 and 7, in 1997 in Libreville. In Gabon, the leaders of the ACP group pledged to meet regularly. Since then, they have met on average every three years.
Kenyan President Uhuru Kenyatta opened the conference
In his opening address, Kenyan President Uhuru Kenyatta said that the current world order, which is based on the rule of law as its dominant element, must be strengthened. In his view, this is one of the prerequisites for being able to meet the major challenges facing Africa, such as poverty, conflict, violent extremism, and climate change.
Promotion of the law as a guarantee of equity, peace and good governance
The General Secretary of the ACP Group, Patrick Gomes, from Guyana, said that the Nairobi Summit was an opportunity for developing countries to reaffirm their loyalty to a global system based on the rule of law, capable of promoting equitable growth, good governance, peace, and cohesion.
“We need to commit ourselves to multilateralism despite the crisis it is going through to ensure that democracy, peace, and prosperity prevail in our respective countries,” added Patrick Gomes.
Continuing his intervention, he said that the ACP countries would negotiate agreements to improve market access for their products in order to eliminate extreme poverty, inequality, and unemployment.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in LePoint, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Banca Finint has just launched Finint Online
The new product, which can only be activated online, offers four constraint options (involving the unavailability of the amounts paid...
Why pre-COVID economy wasn’t all that great
If all goes well in D.C. and with the vaccine and the economy, the Fed should begin to significantly taper...
Red Fish LongTerm Capital collects €6.17 million in equity crowdfunding on Opstart
Red Fish Long Term Capital is a holding company that invests in the real economy, created to solve the imbalance...
Entrepreneurs from Würzburg want to free the oceans from plastic waste
According to a study by the Ellen McArthur Foundation, 72% of used plastic packaging is currently not recycled. Every year,...
Why is the honey sector and derived products in Bobo-Dioulasso encountering difficulties
The Technical Secretariat of Beekeeping (STA) organized on Tuesday, December 1st, 2020 in Bobo-Dioulasso, a training of producers, processors and...
Featured5 days ago
How are ESG company news deciphered with Artificial Intelligence
Business5 days ago
Four trends transforming the world of venture capital
Crowdfunding6 days ago
The talent crowdfunding of Smartika to finance the studies of young people is starting
Biotech6 days ago
88% of the French people are satisfied with the discovery of the COVID-19 vaccines