The Afro-Asian Union for Finance and Business Affairs
The international economic forum of the Afro-Asian People's Solidarity Organisation and a platform for effective investment exchange between the peoples of Africa and Asia.
- 90
- Full member countries
- 17
- Associate members
- 107
- Countries in total
- 8
- Specialised councils
A platform built on mutual interests
In a world where political alliances shift faster than the weather, mutual interests remain the stable and lasting alliances, holding the upper hand in shaping these alliances. The Afro-Asian People's Solidarity Organisation (AAPSO) serves as a neutral, independent, and sustainable platform for exchanging these interests, as it is an organisation that links the relations of peoples, corporations, and states through mutual benefit, rather than through political regimes alone.
Decision on the Activation and Proclamation of the Establishment of the (Afro-Asian Union for Finance and Business Affairs) (AUFFA)
Chairman of the Afro-Asian People's Solidarity Organisation
Secretary-General of the Afro-Asian People's Solidarity Organisation
Based on:
- the Charter of the Afro-Asian People's Solidarity Organisation and the objectives upon which it was founded, to strengthen cooperation between the countries of the two continents.
- the conviction of the need to move from political and social solidarity to effective economic solidarity.
- the pursuit of institutional mechanisms that support sustainable development and joint investment projects.
- the requirements of the public interest of the organisation and the development of its organisational structures.
DECIDES:
Article One: Activation and Proclamation
By virtue of this decision, the establishment of the (Afro-Asian Union for Finance and Business Affairs) is hereby activated and proclaimed as an independent professional international entity operating under the umbrella of the (Afro-Asian People's Solidarity Organisation).
Article Two: Identity and Mandate
The (Afro-Asian Union for Finance and Business Affairs) constitutes the (official financial and investment arm) of the organisation, and is competent in all matters relating to economic affairs, trade exchange, the attraction of investments, and the support of entrepreneurs, financiers, and projects within the Afro-Asian scope or beyond, as the common interest may require.
Article Three: Strategic Objectives
The Union undertakes the following tasks:
- Building bridges of communication between financial institutions and investors in the African and Asian continents, and elsewhere as required.
- Providing studies and investment opportunities that serve the member peoples.
- Representing the organisation in international economic and financial forums.
Article Four: Legal Scope
The Union enjoys the legal personality necessary to carry out its activity, and shall have its own statute defining its administrative structure and working mechanisms, without conflicting with the general orientations of the Afro-Asian People's Solidarity Organisation.
Article Five: Entry into Force
This decision is adopted and shall be implemented as of the date of proclamation, and the competent authorities within and outside the organisation shall take the necessary measures to implement it, each in its respective field.
Chairman of the Afro-Asian People's Solidarity Organisation
H.E. Ambassador Mohamed El-Orabi
Secretary-General of the Organisation
H.E. Minister Dr. Mohamed Ihsan
An organisation with a prestigious historical standing
AAPSO is an independent, non-governmental international organisation with a prestigious historical standing. Founded in Cairo in 1957, it brings together 107 countries across Africa, Asia, and Latin America.
Learn about the organisationThe executive economic arm
AUFFA is the executive economic arm of the organisation. All sovereign, private, commercial, industrial, and scientific projects converge under its umbrella, supported by sovereign guarantees and internationally accredited partnerships.
Learn about the Union