Art.1 Purpose
The purpose of the Agency is to further economic development by facilitating the investment of capital for productive purposes in member countries, at no cost to members. In carrying out this purpose, the Agency shall:
promote cooperation between members through a permanent self-sustaining and self-financed institution which provides a mechanism for consultation and collaboration on productive projects and positive contribution towards the United Nations Sustainable Development Goals and Targets (SDGs), and share best practices;
mobilize capital and experienced management in association with the Business Consortium and the DAO, and assist in financing the establishment, improvement and expansion of productive projects with wide responsibilities in education, science, technology and innovation to contribute to the development of all members;
facilitate innovation and the expansion of financial hubs through the establishment of Innovation Centers of Excellence (hereinafter “ the ICE”) in the territory of members and, attract foreign and domestic capital flow thereby building better financial market quality, creating employment and contributing to the development of all members;
give confidence to members by making the resources of the Agency available to them, thus providing them with opportunity to adapt to rapid technology changes and to compete in the new global economy; and
assist in financing education, sport, health, business and technology programs and infrastructures in the territory of all members, thus supplementing the activities of the Alliance.
The Agency shall be guided in all its policies and decisions by the provisions set forth in this Article.
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