Members of parliament of the EU and the African, Caribbean and Pacific Group of States request a single financial instrument for development

Spanish Presidency website. The Spanish Foreign Affairs Minister, Miguel Ángel Moratinos, opened the 19th ACP-EU Parliamentary Assembly on Monday in Tenerife, together with the two co-presidents of this body, Louis Michel and Charles Milupi, with 400 representatives from the EU and 78 African, Caribbean and Pacific nations taking part in the event.

In his speech, the Spanish minister advocated managing development aid more effectively to avoid nine million people dying of starvation in the 21st century.

Over the weekend, the members of the working party representing the European Union and Africa-Caribbean-Pacific (ACP) assembly signed a joint statement calling for a feasibility study into a single financial instrument for co-operation, to help overcome the difficulties caused by using ERDF funds for this purpose.

This is one of the proposals set out in the aforementioned joint statement, which was signed in Tenerife by the members of the working party that is part of the Joint Parliamentary Assembly of the African, Caribbean and Pacific Group of States (ACP) and the outermost regions of the EU.

The statement was presented by the joint president of the Joint Parliamentary Assembly of the ACP-UE, Louis Michel; the permanent representative of the African Union in Brussels, Mahamat Annadif; and the Vice President and regional Finance Minister of the Regional Government of the Canaries, José Manuel Soria.

The chief demand contained in the document relates to promoting the creation of an area of cooperation called the “Euro-African Atlantic space”. In addition, there is a desire to take a further step in support of the development of regional ACP-OMR (outermost regions) insertion in order to promote growth in this area and guarantee security and peace in the whole area.

There is also the intention to improve aspects contributing to promote development, such as air and sea connections, energy efficiency, the information society, tourism, combating illegal immigration, terrorism and organised crime, improving business investment, gender equality, combating climate change and achieving the Millennium Development Goals.

This meeting is being attended by the members of the joint parliamentary assembly of fifteen Atlantic African countries and MEPs from the Canaries, the Azores, Madeira and the French overseas departments.

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