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Press Release No. 14/1997 ECA Ministers Strongly Endorse Role of Information and Private Sector in Africa's Development Addis Ababa, 8 May 1997: African Ministers responsible for economic and social development and planning ended a 5-day meeting at the headquarters of the Economic Commission for Africa (ECA) with a set of resolutions and a declaration on accelerating trade and investment in the region in which they strongly endorsed the role of information and the private sector in Africa's development. The 'Declaration on Accelerating Trade and Investment in Africa' clearly sets out its purpose, saying: "We are convinced that trade and investment are essential components in any credible strategies to accelerate our countries' development and sustain high rates of economic growth". The Declaration comes out strongly in favour of partnership with the private sector in general and Transnational Corporations (TNCs) in particular as a policy choice. Broadly-based high rates of economic growth geared towards creating employment and generating rising incomes are recognized as essential components for poverty reduction and its eventual eradication. The Declaration stresses that to boost domestic savings and investment, attract private foreign capital transfers and expand trade with the rest of the world Africa must, among other things: (a) change the negative perception of Africa as a high-risk place; (b) improve information flow on development in Africa; (c) modernize, expand and diversify production; (d) reduce the cost of establishing business; and (e) strengthen international competitiveness. It takes the Uruguay Round Agreement in its stride by noting that it offers Africa both challenges and opportunities. It however goes on to point out that, though Africa has created a conducive environment for trade expansion with the rest of the world, protectionist policies on the part of others with regard to African agricultural, textile and clothing have frustrated that expansion. Welcoming the debt-reduction initiative for highly indebted poor countries (HIPCs) recently proposed by the World Bank, and the International Monetary Fund (IMF) as a first step in the right direction, the Declaration calls for additional and more generous resources to "substantially reduce all Africa countries's debt stock". The cost of servicing external debt is estimated to have exceeded US$340 billion by the end of 1996. The conference -- which met from 5 to 8 May -- came out decisively in favour of implementing the African Information Society Initiative (AISI), a framework adopted by ministers in 1996 to build Africa's national information and communications infrastructure as a part of a strategy to harness information and communication technologies towards development. "The next step is for African governments in implementing aspects of AISI at national level," said Nancy Hafkin, ECA's AISI focal point. "We at ECA are going to be placing emphasis on action-oriented interventions and are here to work, with our partners, to assist African governments." Key attention was given to the role
information and communications technologies in promoting trade and investment in a major
symposium -- organised by ECA together with the Global Information Infrastructure
Commission (GIIC). The symposium was broadcast live by satellite on Multichoice DSTV by
MNET Wednesday. An executive summary of the GIIC Statement of Addis Ababa is attached below. A full version -- as well as the full text of the Declaration on Accelerating Trade and Investment in Africa -- is distributed under separate e-mail cover. This and other press releases and background documents relating to the conference are available either by e-mail or post, or at the UN ECA Web site: www.un.org/depts/eca UN ECA's African Information Society Initiative (AISI) home page is at: www.bellanet.org/partners/aisi, and it includes the full text of the AISI framework. GIIC Statement of Addis Ababa - Executive SummaryThe Global Information
Infrastructure Commission (GIIC) strongly supports the forward looking thinking of the
Economic Commission for Africa (ECA) in its call for active and on-going private sector
participation in the implementation of the African Information Society Initiative (AISI). As the leading intersectoral global
private sector organization which seeks to actively involve the developing countries in
the process of building the Information Society, the GIIC was pleased to contribute to the
formulation, launch, coordination and dissemination of the AISI. To further contribute to the success
of the AISI, the GIIC proposes a set of principles that should guide the implementation of
the AISI within each African country. This Brief Statement is drawn from a longer Policy
Statement. The GIIC statement focuses on the following four points:
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