President
Kabbah Home As Accra Summit Ends
By Yusuf Alghali
The
two-day Economic Community of West African States
(ECOWAS) Summit on "The Challenges of Regional
Integration and the Implementation of the New
Partnership for African Development (NEPAD)
Initiative" ended in Accra, Ghana Saturday
with the World Bank President James Wolfensohn
and ECOWAS leaders arriving at decisions to
promote greater regional cooperation and development.
In
this direction, the World Bank President announced
a USD 4.5 billion support package for African
development programmes for the year 2004, of
which USD 1.7 billion would go to much needed
infrastructural development projects. An additional
USD 450 million, he said, has been earmarked
for regional integration projects, including
trade, infrastructural needs and post conflict
reconstruction programmes for countries like
Sierra Leone and Liberia.
Earlier, President Kabbah together with four
other regional Heads of State who attended the
summit, had discussed the challenges of regional
integration and NEPAD implementation as well
ways to accelerate regional trade reforms and
integration.
Presenting
a summary of the deliberations and decisions
reached at the closing session, ECOWAS Executive
Secretary Dr. Mohamed Ibn Chambas noted the
summit's commendation of the collective efforts
being made towards the implementation of the
NEPAD agenda within the framework of the Yamasokro
Plan of Action.
Chambas
also reported that the ECOWAS Chairman and summit
host, Ghana's President John Agyekum Kufuor,
had emphasised the renewed commitment of West
Africa to the aspiration of regional reintegration,
further pointing out that a regional approach
to the implementation of the NEPAD initiative
would also help facilitate West Africa's overall
reintegration process.
The
building of the requisite roads infrastructure,
trade relations and maintaining peace and security
have been listed as the three main ECOWAS priority
areas and national leaders present appealed
to the World Bank for support to the ECOWAS
- NEPAD initiative. Heads of State thus invited
the World Bank President to provide additional
financial resources and technical assistance
to West African countries for regional project
support, project preparation and project financing
support.
In
his statements, the World Bank boss, James Wolfensohn,
welcomed the declared commitment of African
leaders to the regional integration agenda and
expressed the readiness of the World Bank as
an institution to strengthen its partnership
with Africa. He however called for what he referred
to as "a sustained and pragmatic approach
to programme implementation to ensure that regional
integration becomes truly operational".
He
agreed to the adoption of an Accra Short Term
Plan of Action for selected ECOWAS-NEPAD programmes
and to accelerate the implementation of selected
regional integration and NEPAD programmes to
cover market access for West African exports,
energy, road and transport infrastructure, telecommunications,
peace, security and post conflict reconstruction.
The
Plan of Action would also address the issue
of monitoring the regional implementation of
ECOWAS-NEPAD Programmes, for which a joint ECOWAS-World
Bank Task Force would be set up. Wolfensohn
further made it clear that the plan of action
would be based on the principles of partnership,
periodic consultations among stakeholders and
shared responsibility.
Also
in his formal address, ECOWAS Chairman, President
Kufuor observed that the participation of the
President of the World Bank, a central figure
in the donor community, should be used to strengthen
West Africa's message to the world that the
region "is ready to use sound socio-political
leadership and mutually beneficial partnerships
and the development of the private sector".
"Our priorities now are to network our
countries to open up our substantial markets,
develop our human resources and fine tune the
financial and legal framework for business,
so that we can join the mainstream and achieve
our ultimate objective of becoming equal players
in the global market place," the Ghanaian
leader said.
-End-