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    Moamer Kadhafi: Africa Wants 'Win-win' Economic Deals with EU

    By Ma. Rizza Leonzon // 30 November 2010
    Libyan leader Moamer Kadhafi at the opening day of the third European Union-Africa summit in the Libyan capital, Tripoli, on Nov. 30. Photo by: European Union

    Africa wants better economic deals with the European Union but is prepared to do business elsewhere, according to Libyan leader Moamer Kadhafi.

    “We want win-win relations based on mutual interest, not on exploitation,” Kadhafi said in an opening speech at the EU-African Union summit in Tripoli, which concludes today (Nov. 30).

    “Europe talks to us of governance, human rights,” he added. “Africa needs economics, not politics.”

    A draft of a joint declaration seen by Agence France-Presse says the EU and Africa are “determined to seize together new opportunities for broader and mutually beneficial initiatives.”

    Africa is proposing a forum to strengthen economic dialogue and cooperation between the EU and the continent, Tunisia Online News quoted Tunisian President Ben Ali as saying. The forum will convene European and African ministers of economy and finance “to examine effective ways to implement their common association strategy and monitor its developments,” he added.

    European Commission President Jose Manuel Barroso said energy, climate change, and trade and regional integration are “new avenues for Africa and Europe to restore and accelerate growth.” 

      Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

      About the author

      • Ma. Rizza Leonzon

        Ma. Rizza Leonzon

        As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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