NEPAD/HSGIC-03-2003/APRM/Guideline/OSCI 9 March 2003 3.5.1 Standards a. NEPAD Framework Document (2001) b. Abuja Treaty establishing the African Economic Community (1991) c. Constitutive Act of the African Union (2000) d. Relevant Treaties, Conventions and Protocols of Regional Economic Communities 3.5.2 Indicative Criteria a. Are economic policies coherent with and supportive of regional economic integration objectives? b. Does the country promote and encourage intra-Africa trade and investment through its policies? 3.5.3 Examples of Indicators a. Country’s economic and sectoral policies are coherent with and supportive of regional economic integration objectives b. Implementation of MOUs and other regional economic agreements and treaties 4 CORPORATE GOVERNANCE 4.1 Corporate governance is concerned with the ethical principles, values and practices that facilitate holding the balance between economic and social goals and between individual and communal goals. The aim is to align as nearly as possible the interests of individuals, corporations and society within a framework of sound governance and common good. Page 20 of 31