Assembly/AU/Dec.109 (VI) DECISION ON THE ESTABLISHMENT OF A PAN-AFRICAN STOCK EXCHANGE AND ON THE ESTABLISHMENT OF A FUND WITHIN THE AFRICAN UNION TO MITIGATE THE EFFECTS OF THE INCREASE IN OIL PRICES ON THE AFRICAN COUNTRIES (Doc.Assembly/AU/8 (VI)) Add.5 and 6 The Assembly: 1. TAKES NOTE of and WELCOMES the two proposals of the Great Socialist People’s Libyan Arab Jamahiriya for the establishment of a PanAfrican Stock Exchange and on the establishment of a fund within the African Union to mitigate the effects of the increase in oil prices on the African countries; 2. COMMENDS the Great Socialist People’s Libyan Arab Jamahiriya for its initiative which is an expression of its solidarity with countries of the Continent that are experiencing economic difficulties as a result of the oil price hike. 3. DIRECTS the Chairperson of the Commission to take necessary measures to convene a meeting of Experts to consider the two proposals and to report thereon, with specific proposals, to the 7th Ordinary Session of the Assembly in July 2006.

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