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ACP-EU Co-operation

Private Sector Development and Investment

image of ACP-EU Co-operation

This paper considers the Draft Communication on Future EC Support for Private Sector Development in ACP countries (DraCom), prepared by the European Commission (EC)(DG VIII), in light of the ACP Group Negotiating Mandate (GNM) of 30/9/98, and seeks to identify any areas of divergence between the two positions, or proposals by either side requiring further clarification and discussion, and to provide commentary for negotiators to consider. The paper also makes a number of suggestions for the preparation of an agreed action plan for enhanced, private-sector led development in the ACP countries, and of specific initiatives within the plan.

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Delivery and Implementation Responsibilities

DraCom sets out in some detail, in section 5, its proposed approach to the implementation of its strategy, and delivery of the programme elements, and the envisaged procedures for diagnosing problems, identifying priority tasks for reform, and defining the content of EC action and support programmes for the PS, in NIPs, in conjunction with the efforts to be made by other donors and agencies, and by Member States bilaterally. The approach calls for a careful, step-by-step diagnosis or identification of problems, priorities and requirements of each individual State, followed by agreement with the State on a country strategy, within which EC will determine its own action plan, integrating the activities of each of the agencies, CDI and EIB, with the EC's own programmes, co-ordinated by its Delegation. DraCom confirms, in para 40 particularly, its intention to work through intermediaries whenever possible, and on a commercial basis, with subsidies minimised and, where applied, subject to phased reduction.

English

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