EU 2005 EU Strategy For Africa: Towards a Euro-African pact to accelerate Africa’s Development, Brussels, Belgium, 12 October 2005

Sectors : Agricultural and biotechnology, Agricultural investment and production, Disaster risk reduction and reconstruction, Infrastructure General
Organisation : EU
Date made: 
Heads Of State
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Commitments in: Agriculture - Agricultural investment and production

“ Boost economic growth

...Macroeconomic stability, the creation of regional markets and an appropriate private investment climate are preconditions for sustained growth. However, while such a pro-growth framework is crucial for sustainable economic development, it needs to be accompanied by appropriate measures to boost and diversify production and to establish and upgrade the necessary infrastructure and networks. Specific action should include:

• Boost agriculture and ensure food security. In addition to the policies sustaining the rural sector, the EU should target specific support on increasing the competitiveness and productivity of African agriculture through: (i) policies and programmes to improve the functioning of national and regional input and output markets, including through rural infrastructure and to promote organic farming and fair trade; (ii) the management of shocks, in particular through novel insurance instruments; and (iii) the strengthening of pro-poor, demand-driven agricultural research and extension, in particular by promoting research collaboration between the European and African research communities, at the level of the Consultative Group on International Agricultural Research (CGIAR) and by supporting regional research coordination mechanisms...”