especially in identifying the barriers to doing business in
Eastern and Southern Africa; and
Decision
9. Council made the following decision:
(g) That the proposed road map for accelerated economic
transformation in Eastern and Southern Africa should have a
maximum of a five-year time line.
(a) That the Secretariat should support the RMCE in the
mobilisation of additional resources including in the context
of the forthcoming review of the Intra-Africa Caribbean
Pacific programme under the Tenth European Development
Fund.
Establishment of the COMESA, EAC and SADC Tripartite Free
Trade Area
Growth and Economic Transformation in the Tripartite Region
Decision
11. Council made the following decision:
Decisions
10. Council made the following decisions:
(a) That the various committees and policy organs of COMESA
be continuously provided with reports being made under the
Tripartite arrangement and programmes.
(a) Supported the policy package of reforms sketched out in the
proposed road map for accelerated economic transformation
in Eastern and Southern Africa, noting that financial market
integration as well as real market integration are intertwined
and an integral part of the monetary integration process.
Regional Dimension of Aid Effectiveness
Decisions
12. Council made the following decisions:
(b) Mandated the COMESA Secretariat to formulate a detailed
programme of the proposed reforms in close consultation
and collaboration with Member States.
(a) With respect to the Organisation for Economic Co-operation
and Development (OECD) Working Party on Aid
Effectiveness (WP-EFF) meeting, Busan Outcome
Document (BOD), the African Caribbean and Pacific
Group(ACP), and Africa/The New Partnership for Africa’s
Development (NEPAD), the next steps ahead should be:
(c) The detailed programme should outline the specific reforms
required pillar by pillar and on a country by country basis as
well as the required and likely sources of funding and, the
implementation and monitoring arrangements;
(d) Adopted the road map for accelerating economic
transformation in Eastern and Southern Africa;
(e) That the proposal should be submitted for consideration by
the other regional, economic communities of the Tripartite,
that is the (East African Community and the Southern Africa
Development Community;
(f) Recommended the full involvement of the private sector
throughout the implementation of the five pillars and
5
i)
To reaffirm that willing, regional organisations become
signatories to the Paris Declaration principles;
ii)
The Secretariat should, through the Inter-Regional
Committee on Cooperation (IRCC) mechanism, closely
follow-up the new drafts of the BOD to verify due
inclusion of the COMESA/IRCC proposal in the run up to
the final October preparatory meeting for Busan Fourth
High Level Forum;