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Thursday, 02 December 2010

EU to continue to aid Africa's growth

80 European and African Heads of State and Government have convened in Tripoli for a two day meeting under the overarching theme “Investment, Economic Growth and Job Creation” with the aim to bring the cooperation between the two continents to a new, more ambitious level. The Summit essentially delivered a political declaration and a 2nd plan of action for the years 2011-2013. It discussed extensively questions of economic growth and job creation.
Between the Summit in Cairo 2000 and Lisbon 2007, 7 years were spent without any agreement to meet at this level. With the Joint Africa-EU Strategy agreed in Lisbon in 2007, Leaders also agreed to meet every 3 years. Under circumstances sometimes complicated, the holding of the Summit in Tripoli was a challenge in view of the number of obstacles of political nature.

Source: European commission