UN General Assembly
1962

70. We know that we shall have to reconstruct Africa. The political liberation of our continent appears to us as a means towards the end of creating and developing the new African economy. Our continent possesses fabulous reserves of raw materials and its immense power potential provides excellent conditions for its industrialization. 71. Accordingly, while it seems unrealistic and irrational to contemplate the piecemeal association of the African countries with the European Common Market, or in any other regional economic grouping, it is on the contrary essential for our States to organize themselves into an African common market, which would subsequently co-operate, on a basis of equality and solidarity, with the other economic regions of the world.