Assembly/AU/Dec.413(XVIII) Page 3 (PPPs) as the foundational platform to strengthen infrastructure development on the Continent with emphasis on constructive engagement with RECs and WELCOMES the offer by the Government of the Republic of South Africa as Chairperson of PICI to convene a High Level Meeting of all stakeholders including Southern Africa Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC) to engage on re-designing the parameters of the North-South Corridor; 14. RE-EMPHASIZES the shared principles of ownership, transparency, mutual accountability in strengthening Africa’s partnership with the G8 in support of the Continent’s development priorities and NOTES the development-related outcomes of the G20 Summit held in November 2011 in Cannes, France, particularly the G20 High Level Panel (HLP) on Infrastructure and the call on support for project implementation by Multilateral Development Banks (MDBs). SUPPORTS the strengthening of emergency and long-term responses to food insecurity by fostering investments in agriculture, mitigating price volatility impact especially in low income countries and set-up of the Economic Community of West African States (ECOWAS) regional emergency food reserve system; 15. EXAMINES the prospects for Africa’s partnership with the G8 and G20 in 2012, UNDERSCORING the importance of ensuring that Africa’s priorities are adequately reflected on the 2012 agenda of the two global forums and THEREFORE REQUESTS the Commission and NPCA to promptly consult with the Governments of the United States of America and Mexico as countries holding the 2012 Presidency of the G8 and G20 respectively, towards this objective; 16. WELCOMES the key outcomes of the Fourth High Level Forum on Aid Effectiveness held in Busan, Republic of Korea, in December 2011 as reflected in the ‘Busan Partnership for Effective Development Cooperation’ particularly the policy shift from Aid to Development Effectiveness and commitment to the use and strengthening of country systems as default approach to enhance appropriate capacities to achieve better development results; 17. COMMENDS the conscientious and unified efforts of African countries, regional institutions and stakeholders to rally behind the first-ever African Consensus and Position on Development Effectiveness premised on South-South and Trilateral Cooperation, Financing for Development and Capacity Development which was developed through the facilitation and technical support of the Commission and NPCA, under the umbrella of Africa Platform for Development Effectiveness (APDev); 18. REITERATES that Africa should take necessary follow-up actions to implement the post-Busan agenda through inclusive and Africa-wide consultations in shaping the new global partnership based on the Continent’s context and REQUESTS the Commission and NPCA to actively engage the Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP) in ensuring that Africa’s voice and