DECISION ON THE WORLD SOLIDARITY
AND POVERTY REDUCTION FUND
The Assembly:
1. RECALLS decision AHG/Dec. 4 (XXXV) by which the Heads of State and Government reiterated their support for the initiative launched by H.E. Zine El Abidine Ben Ali, the President of the Republic of Tunisia aimed at the establishment of the World Solidarity Fund;
2. RECALLS Decision CM/Dec. 645 by which Council requested the Secretary General to seize the United Nations Secretary General of this Decision as the African Common Position, and seek his support to speed up the implementation of Resolution 56/207 on the mechanisms, operational modalities, powers and management modalities for the Fund, thereby making it operational;
3. REAFFIRMS its conviction that the Fund will contribute to the strengthening of international solidarity and cooperation with a view to eradicating poverty in the world, especially on the African continent, pursuant to the objectives the poverty reduction programme adopted at the Millennium Summit held in September 2000;
4. FURTHER REAFFIRMS that this fund will constitute one of the instruments for the realization of the objectives of the African Union and NEPAD;
5. TAKES NOTE of the report of the Secretary General on consultations with the United Nations Secretary General to accelerate the process of establishing this Fund;
6. REQUESTS the Secretary General to continue his efforts as well as his consultations with the United Nations Secretary General and closely monitor negotiations on the implementation mechanisms to be conducted during the next session of the United Nations General Assembly.
7. FURTHER REQUESTS the Secretary General to report on progress made in the implementation of this decision to the next session of the Assembly of the African Union.