G8 Deauville, G8/Africa Joint Declaration Shared Values, Shared Responsibilities, 26-27 May 2011

Sectors : Employment and Training, Investment
Organisation : G8
Date made: 
2011
Level: 
Heads Of State
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Commitments in: Private Sector development and financial services for the poor - Employment and Training

“24. In a spirit of mutual accountability, we are fully committed to meeting our commitments and to monitoring their implementation, with a view to achieving the Millennium Development Goals by 2015, strengthening economic growth and job creation, and addressing global challenges.”

Scope: 
Africa

Commitments in: Private Sector development and financial services for the poor - Investment

“14. Beyond traditional official development assistance (ODA), African countries need to attract additional domestic and foreign direct investment to finance economic growth, while preserving debt sustainability. Mutual efforts to improve the regulatory framework and the business environment, and to fight corruption, need to be strengthened. To this end, we will establish a dialogue within the APF, involving business, to increase momentum and help remove obstacles to business environment reform. We encourage responsible investment by all stakeholders and call on companies to improve their corporate and social responsibility.”

Scope: 
Africa