The document titled 'Political Talks: Common Principles' dated 5 May 1992, outlines the foundational principles agreed upon by participants in the Northern Ireland political talks. These principles emphasize the need for new political institutions to be democratic, widely acceptable, stable, and durable, reflecting the wishes of the electorate and providing equitable roles for both sides of the community. The institutions should be capable of development, workable, and innovative, avoiding entrenchment of community divisions while ensuring proportional representation and effective functioning. Additionally, they should establish defined relationships with UK and EC institutions, secure public endorsement, delegate authority maximally, and ensure parliamentary scrutiny and public accountability.
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