President Uhuru Kenyatta has called for more trade and investment among member countries of the Organisation of African, Caribbean, and Pacific States (OACPS).

President Kenyatta, who is the President-in-Office of the Summit of OACPS Heads of State and Government, said that the over one billion people that make up the 79-member multilateral body, provide a huge potential for intra-OACPS trade and investments.

“With a combined population of over 1.1 billion people and a Gross Domestic Product (GDP) of about $3.2 trillion, the transition from ACP to OACPS presents enormous opportunities for intra-OACPS trade and investments; and the achievement of greater shared prosperity for all our people,” the President said.

He spoke on Thursday night at State House, Nairobi, when he delivered the opening statement during a virtual town hall meeting of the OACPS. The meeting was convened to commemorate the first anniversary of the revised Georgetown Agreement.

The revised Georgetown Agreement, which came into force on 5th April 2020, was adopted during the OACPS 9th summit held in Nairobi in December 2019 and introduced several reforms among them, the renaming of the bloc from ACP Group of States to OACPS.

In his statement, President Kenyatta outlined his vision for the multilateral institution, saying he envisions a transitionary OACPS that is united and progressive.

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“We should aim for a transition that supports structural transformation to foster industrialization, diversification of our economies and an increase in value addition of our primary products.

“Secondly, the OACPS of the future should strengthen our solidarity and unity. Underlying the establishment of the ACP Group was our desire to promote unity and solidarity of the ACP States,” the President said.

“OACPS needs to leverage on its past successes such as the existing Economic Partnership Agreements (EPAs) to become a more influential actor in the global economic arena”.

President Kenyatta also spoke about the impact of Covid-19 on OACPS countries, saying member states need to “use creativity and innovation to recover together and build back better”.

“Covid-19 pandemic has ravaged our health and economic systems. Livelihoods have been destroyed rendering hundreds of millions of our people into unemployment and poverty. The services sector, in particular the tourism sector, has been crippled with devastating impacts on coastal and island states.

“As I said last June during the 1st Extraordinary Inter-Sessional Summit of Heads of State and Government, our solidarity and commitment to intra-OACPS cooperation have been tested by the pandemic. A key lesson is that we need to synergise our energies and use creativity and innovation to recover together and build back better,” the President said.

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On financing of development in OACPS, President Kenyatta called for a multi-pronged approach to resource mobilization and welcomed the various debt relief mechanisms.

“Regarding financing, we need to use the various multilateral platforms to mobilize resources for development. In this context, we welcome debt relief measures, which have created the needed fiscal space to reduce the negative effects of the pandemic.

“However, we seek a continuation of the debt suspension initiative; and debt cancellation, for the most severely affected countries. The prolonged pandemic requires continuous mitigation measures,” he said.

The President welcomed the completion of a new agreement between OACPS and the European Union (EU) saying the pact will be initialed later this month.

He thanked the OACPS for backing Kenya’s successful bid for the non-permanent UN Security Council seat and assured that Kenya will articulate the bloc’s agenda during its tenure.

In his maiden state-of-the-organisation address, OACPS Secretary-General Georges Rebelo Pinto Chikoti affirmed its commitment to multilateralism, saying it will continue to be a strong advocate of global solidarity.

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Chikoti said the OACPS Secretariat fully supports the COVAX Covid-19 vaccine sharing platform, adding that the organisation would soon roll out a five-year strategic plan, 2021 to 2025, to bring on board the provisions of the revised Georgetown Agreement as well as the new OACPS-EU agreement.

The secretariat was working on a communications strategy to help reposition the organisation among its internal and external stakeholders.

President Kenyatta was joined at the town hall meeting, moderated by Trinidad and Tobago’s Minister for Foreign and CARICOM Affairs, Dr Amery Brown, by Foreign Affairs CS Raychelle Omamo and Head of Public Service Joseph Kinyua.

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Robert Mwangi

I am a professional journalist trained at Kenya Institute of Mass Communication, with experience in reporting; Current Affairs, Human Interest and General News. Let's connect and engage on Facebook ( Journalist Robert Mwangi) and Twitter (@robertmwangi254)