Africa-Press – Angola. The African Union (AU) and the European Union (EU) on Tuesday in Luanda recognized the need for reforms in the international financial architecture due to the difficulties of African debt.
This is expressed in the Luanda Declaration, resulting from the 7th African Union-European Union Summit, which ended on Tuesday.
The document, which celebrates 25 years of partnership between the AU and the EU, reinforces the political, economic and strategic commitments between the two continents.
In the field of economics and trade, the declaration highlights the progress of the Africa-Europe Investment Package, within the framework of the Global Gateway, and reinforces support for African industrialization, economic diversification and implementation of the African Continental Free Trade Area (AfCFTA).
The EU confirms the dialogue on environmental trade measures, including the Carbon Border Adjustment Mechanism (BCAM).
In the infrastructure, energy and digitalization sectors, they foresee accelerated investments in green energy, transport and digital networks.
The EU highlights the Lobito Corridor as a strategic project and sets the goal of providing clean electricity to 100 million Africans by 2030, in addition to supporting digital transformation, the ethical use of artificial intelligence and digital literacy.
Cooperation in agriculture, climate and biodiversity receives special attention, with emphasis on food security, sustainable agriculture, marine resource management, compliance with the Paris Agreement, and the promotion of the blue economy.
The AU and the EU warn that global climate action is still insufficient and must advance rapidly.
In the health sector, the focus is on reforming the global architecture, strengthening national systems, and supporting African drug production.
The declaration also reinforces the protection of cultural diversity, copyright and the encouragement of the replacement of African cultural heritage.
Regarding migration, both blocs advocate a balanced approach, combating irregular migration, expanding legal pathways, supporting the diaspora, and promoting circular migration.
The document expresses support for the Pact for the Future and the reform of the UN Security Council, as well as advocating for a more equitable World Trade Organization (WTO) and acknowledging the historical legacy of slavery, colonialism, and apartheid, linked to the African theme of “Justice and Reparations.”
Furthermore, it establishes the continuity of the Joint Vision 2030 and reaffirms the defence of multilateralism, international law and the Charter of the United Nations.
In the field of peace and security, the declaration states respect for sovereignty and territorial integrity and supports peace processes in Ukraine, Palestine, Sudan, the Democratic Republic of Congo (DRC), the Sahel, Somalia, and other conflict-affected regions.
The parties condemn the atrocities in Sudan and promote African mediation.
Strengthening cooperation in combating terrorism, violent extremism, organized crime, piracy, and cybersecurity was seen as the priority.
The Luanda summit establishes a permanent mechanism for monitoring the reinforced commitments and confirms that the next high-level meeting will take place in Brussels in 2028.
The AU and EU leaders congratulated Angola on the successful organization of the event.
Source: ANGOP
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