UN General Assembly
1994

for the Development of Africa in the 1990s, agreed to address the full range of issues related to the diversification of African economies, with particular attention to be given to the issue of the establishment of a diversification fund for African commodities. Uganda attaches great importance to the establishment of such a fund. We appeal to our developed partners to be understanding and flexible in the negotiations in order to enable the facility to be put in place as soon as possible. The international economic system dictates that we enlarge our economic horizons beyond national boundaries in order to widen our markets. Uganda welcomes the coming into force, of the Organization of African Unity (OAU) Abuja Treaty establishing the African Economic Community, which provides a useful framework for coordination of African development efforts at the continental level. In order to succeed, efforts to be pursued at subregional levels should be well coordinated and rationalized. Uganda is committed to full implementation of the Treaty for the Common Market for Eastern and Southern Africa (COMESA) and the Arusha