(e)
strengthen the role of their national business organisations or
associations in the formulation of their economic policies; and
(f)
collaborate with their national chambers of commerce and industry
to establish lending institutions that shall primarily cater for the
private sector especially the small-scale entrepreneurs who find it
difficult to obtain credit from commercial banks and financing
institutions.
3.
The Partner States agree to promote enabling environment for the
participation of civil society in the development activities within the Community.
4.
The Secretary General shall provide the forum for consultations between
the private sector, civil society organisations, other interest groups and
appropriate institutions of the Community.
ARTICLE 128
Strengthening the Private Sector
1.
The Partner States shall endeavour to adopt programmes that would
strengthen and promote the role of the private sector as an effective force for the
development of their respective economies.
2.
to:
For purposes of paragraph 1 of this Article, the Partner States undertake
(a)
encourage the efficient use of scarce resources and to promote the
development of private sector organisations which are engaged in
all types of economic activity, such as, the chambers of commerce
and industry, confederations and associations of industry,
agriculture, manufacturers, farmers, traders, and service providers
and professional groups;
(b)
encourage and sponsor practical and resourceful methods of income
generation in the private sector; and
(c)
establish a quality information system which will allow collection,
harmonised processing and timely dissemination of data and
information.
3.
For purposes of paragraph 1 of this Article, the Partner States may take
such other additional steps as the Council may determine.
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