Assembly/AU/ /Decl.1(XXIII) Page 3 Further recognising the complementary roles and responsibilities that should be enhanced among the relevant stakeholders, including public, private, civil societies, farmers, pastoralists, fishers, in driving this agricultural transformation agenda. Welcoming the Resolutions of the African Union Joint Conference of Ministers of Agriculture, Rural Development, Fisheries and Aquaculture, held in Addis Ababa, Ethiopia from 01to 02 May 2014, endorsed by the Executive Council, and in particular their recommendations calling for our Assembly to consider adopting commitments along specific and concrete priorities. We hereby adopt the following Declaration: I. Recommitment to the Principles and Values of the CAADP Process 1. We recommit to the key principles and values that define the CAADP process which include, among others: a) the pursuit of agriculture-led growth as a main strategy to achieve targets on food and nutrition security and shared prosperity; b) the exploitation of regional complementarities and cooperation to boost growth; c) the application of principles of evidence-based planning, policy efficiency, dialogue, review, and accountability, shared by all NEPAD programs; d) the use of partnerships and alliances including farmers, agribusiness, and civil society; and e) support implementation at countries levels, and regional coordination and harmonisation. II. Commitment to Enhancing Investment Finance in Agriculture 2. We commit to enhance investment finance, both public and private, to agriculture; and to this end we resolve: a) to uphold our earlier commitment to allocate at least 10% of public expenditure to agriculture, and to ensure its efficiency and effectiveness; b) to create and enhance necessary appropriate policy and institutional conditions and support systems for facilitation of private investment in agriculture, agri-business and agro-industries, by giving priority to local investors; c) to fast-track the operationalization of the African Investment Bank, as provided for in the Constitutive Act of the African Union, with a view to