NEPAD and the dti’s trade agenda Briefing to Parliament’s T&I Committee

The NEPAD Framework Seven main initiatives: Peace, Security, & Political Governance Economic Governance Infrastructure Human Resource Development Capital Flows Market Access Environment

NEPAD Goals 7% average GPD growth for next 15 years Investment in HR Promoting women’s role in economy Promoting sub-regional & continental integration Strengthen partnership & coordination with development partners Capacity building for trade & development Effective participation in multilateral orgs

Implementation of NEPAD Implementation Committee of leading Heads of State (Mbeki, Obasanjo, Bouteflika, Wade, Mubarak) Steering Committee of 15 African countries Secretariat & Executive Director **** Implementation Committee to decide on programmes & initiatives, & sequencing, & review & monitoring

NEPAD and Existing Initiatives UN Millennium Declaration G8 Okinawa Declaration Copenhagen & Skagen Declaration Cotonou Agreement EU-Africa Plan of Action AGOA China-Africa partnership WTO Doha Development Agenda Sub-regional and Continental initiatives NEPAD will establish linkages and synergies

Outlook for NEPAD G8 support – as group & individually Canada’s fund pledge of US$500m Key events for NEPAD in 2002:  Bush’s meeting with Chissano, dos Santos, Mogae  Financing for Development Conference  G8 summit  African Union summit  World Summit on Sustainable Development

the dti and NEPAD SA’s bureaucracy contributed to NEPAD framework Continued role of SA’s bureaucracy in NEPAD still to be institutionalized Interaction with NEPAD secretariat SA’s overall global economic development strategy consistent with NEPAD, conceptually and practically - sustained growth & development in SA critical to NEPAD

the dti and NEPAD cont. NEPAD-relevant elements of SA’s global economic development strategy:  Regional integration project (SACU, SADC, SDIs)  Engagement in rest of continent: Frameworks: JMCs, BNCs Infrastructure project work – bilateral and cross-border (e.g., energy, water, mining, roads, agri-business, etc)

the dti and NEPAD cont. Trade & Investment frameworks:  Non-preferential agreements  Preferential arrangements? Options:Unilateral? Reciprocal/asymmetric? Sub-regional bloc to bloc? African Union/Abuja Treaty Key strategic consideration: EU & US ambitions

the dti and NEPAD cont. Multilateral Engagements:  WTO  EU: Cotonou; Cairo Plan of Action  US: AGOA, FTAs  Japan: TICAD  China: Sino-Africa partnership