UN General Assembly
2006

all countries, in the pursuit of development cooperation based on genuine partnership and mutually beneficial arrangements. The realities of globalization, liberalization and interdependence have demonstrated the inadequacies of the traditional modes of financing for development, such as official development assistance, foreign direct investment, trade and other forms of capital flows. If all Member States are to achieve the Millennium Development Goals by 2015, certain measures must be undertaken. First, official development assistance must be doubled. It must also be timely, predictable and dependable. Secondly, all partnerships with New Partnership for Africa’s Development must be linked to the Millennium Development Goals and other agreed upon development goals and targets. Finally, there must be complete debt cancellation, not just for the highly indebted poor countries, but for the least developed countries as well. The suspension of the Doha Development Agenda negotiations was a disquieting development for some of our countries. While Africa had on various occasions expressed concern on the limited progress made in negotiations on issues of major interest to the continent, our faith in the negotiations never wavered.