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Nigeria urges ACP group of states to focus on technology, trade and dev cooperation

BusinessDay
4 Min Read
African Caribbean and Pacific Group of States (ACP) should plan for a future around areas of comparative advantage including trade, investment, and technology, Vice President Yemi Osinbajo said in Papua New Guinea.

The African, Caribbean and Pacific Group of States (ACP) is an organisation formed in 1975 with the Cotonou Agreement, and composed
of 79 African, Caribbean and Pacific states, with all of them, except Cuba as signatories to the Cotonou Agreement, also known as the ‘ACP-EC Partnership Agreement’ which binds them to the European Union.

There are 48 countries from Sub-Saharan Africa, 16 from the Caribbean and 15 from the Pacific, in the ACP.

Osinbajo who represented President Muhammadu Buhari at the just concluded ACP Summit of Heads of States which ended on Wednesday in Papua New Guinea, said while the ACP Group has done well, “I would like to emphasize the point, that the Federal Government of Nigeria supports the view that the ACP should not stretch itself further but rather, focus on areas of comparative advantage”.

Trade and Investment, Government Development Cooperation through Technology, Political Dialogue and Advocacy, are three areas which hold the future pillars for the group.

According to a statement by the Vice President’s spokesman, Laolu Akande, on Wednesday, considering the challenges faced by most countries of the ACP, development cooperation, including building capacity in Trade & Investment with Science and Technology, are very important, Nigeria advocates that the group should focus on these particular pillars.

In the area of technology, Osinbajo said while presenting Nigeria’s statement at the summit said efforts should be focused on job creation. In addition he said young people should be encouraged to go into areas of  science, technology, engineering, mathematics and education. He said, in technology in particular, areas such as computer application, programming, lighting, soft ware applications and so on, should be explored to engage young people in ACP countries “to ensure that our young people” are in the cutting edge of technology.

Responding to the report on the future of the ACP, presented to the summit by the Eminent Persons Group, EPG, led by former President Olusegun Obasanjo, Vice President Osinbajo noted the important suggestions and recommendations in the report and assured the summit of Nigeria’s continuing support of the ACP.

Osinbajo pledged that Nigeria would continue its active engagement with and in the Group adding that the report presented by the Eminent Persons would set the tone for future negotiations.

Speaking during a press interview at the summit, the Vice President said the meeting in Papua New Guinea was a crucial one, endeavoring to reposition the ACP towards 2020 and beyond, when the strategic relationship between the ACP and the European Union is expected to move to a new level.

Regarding the expiration of the agreement in 2020, Osinbajo stated that the countries seem to have made up their minds to continue to work together beyond 2020, noting that the most important thing is how the ACP would engage with the European Union, because the organizations are vastly different from what they were in 1975.

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