Assembly AU Dec 490-516 (XXII) _E

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Assembly/AU/Dec.505(XXII)Page 1DECISION ON THE REPORT OF THE HIGH LEVEL AFRICAN TRADE COMMITTEEON TRADE ISSUESDoc. Assembly/AU/10(XXII)The Assembly,1. RECALLS the Decision Assembly/AU/Dec.394 ( XVIII) on boosting Intra-AfricanTrade/Continental Free Trade Area taken on 30 January 2012 at its EighteenthSession;2. TAKES NOTE of the Report of the High Level African Trade Committee held on29 January 2014 and endorses its recommendations;3. REITERATES that boosting intra-African trade, industrial development andeconomic integration are the most viable means for African countries to achievestructural transformation, sustainable development that yields jobs for all citizens,particularly women and youth, hence the need to prioritise the implementation ofthe Boosting Intra-Africa Trade and the Continental Free Trade Area(BIAT/CFTA) decisions at the national, regional and continental levels;4. URGES Member States and Regional Economic Communities to considercarefully the impact of the negotiations of bilateral and multilateral tradeagreements on the African integration agenda, as potential trade deals pursuedindividually by countries and RECs, if not harmonised properly, will fatallycompromise the African trade integration process and undermine the vision andscope of the Abuja Treaty;5. ALSO URGES Member States to ensure that the negotiations of multilateral andbilateral agreements do not further constrain the policy space and flexibilities thatthey need for effective intra African trade, industrialization, regional integration,value addition and employment creation;6. MANDATES the Ministers of Trade to hold an extraordinary session to considerand adopt a work plan, negotiating modalities and principles towards the effectivelaunch of the CFTA negotiations in 2015 as well as to consider reports onAfrica’s response and implications of the Bali Agreement and Africa’sassessment studies on AGOA, to be presented through the High LevelCommittee on Trade, to the next Summit meeting in June 2014;7. CALLS FOR the inclusion of Economic Partnership Agreements on the Agendaof the Joint Africa-EU Summit in April 2014 to provide for High-Level Dialogue tobreak the current impasse on EPAs. In addition, DIRECTS the PRC to meet anddiscuss EPAs before the EU-Africa Summit and submit the related report toMinisters.
Assembly/AU/Dec.505(XXII)Page 28. CALLS UPON Member States to speak with a single voice in order to be heardin the global arena on common AU trade positions. In this regard, Member Statesshould allocate the necessary financial resources to the AUC for theimplementation of the above decisions.
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Assembly AU Dec 490-516 (XXII) _E

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