OACPS analyse financial issues

The member countries of the Organisation of African, Caribbean and Pacific States (OACPS), including Angola, have analysed administrative and financial issues that hinder the normal functioning of the institution.

The event, which was held in Brussels, took place in a virtual format and brought together the organisation’s council of ministers.

According to a note from the Foreign Affairs Ministry, which ANGOP has had access to, the OACPS is experiencing financial difficulties.

For example, according to the note, of the more than 2 million euros that the member states should contribute by March 30 this year, only about 18 percent have been deposited so far.

The meeting also considered the Report of the Committee of Ambassadors to the Council of Ministers on the complete renovation project of the OACPS building (headquarters).

The analysis includes the draft decision of the Special Session of the Council of Ministers on the OACPS House Project.

The Angolan delegation is being headed by Domingos Custódio Vieira Lopes, secretary of State for International Cooperation and Angolan Communities, in representation of the Foreign Affairs minister.

The OACPS, former African, Caribbean and Pacific Group of States (ACP), is an organization created in 1976 by the Georgetown Agreement.

It comprises 79 African, Caribbean and Pacific states, except for Cuba, which are signatories to the Cotonou Agreement, also known as the “ACP-EC Partnership Agreement”.

The OACPS seeks the sustainable development of its member states, their gradual integration into the global economy, and the establishment of a new, fairer and more equitable world order.

Source: Angola Press News Agency (APNA)