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.
Making Genetics seeks €3 million to conduct a clinical trial in Europe
Making Genetics advances in genetics and epigenetics. The Spanish biotech company seeks $3.6 million (€3 million) to conduct a clinical...
Fez-Meknes: the roadmap for economic recovery is ready
The CRI Fez-Meknes conducted a series of interviews with institutional partners and a survey of economic operators in the region...
Workinvoice and Banca Sella to develop end-to-end digital financial services for SMES
The collaboration between the companies will allow Banca Sella's SME customers to take advantage of the best digital solutions to...
The Viechtach brewery launches a crowdfunding campaign to cope with the health crisis
The Viechtach brewery in the district of Regen is trying to fight the corona crisis with crowdfunding. Owner Markus Grüsser...
The support for medical cannabis is growing in Spain
The percentage of Spanish people who support the use of medical cannabis rises to 90% (from 84% in the previous...
Business6 days ago
Using images in your website: what you need to know
Crypto5 days ago
ETC Group launches first ETP on centrally cleared cryptocurrency Litecoin
Featured4 days ago
Our ‘Chart of the Week’ looks at Bitcoin and the new star of the crypto market – Dogecoin
Business4 days ago
The Dow Jones, CinC & the BGMI 1920 to 2021