Workshop prepares Africa for Free Trade Area

African Union workshopFrom MARIA MACHARIA in Nairobi, Kenya
NAIROBI, (CAJ News) – A training workshop to prepare for the Continental Free Trade Area (CFTA) has commenced in Nairobi.

Organised by the Department of Trade and Industry of the African Union Commission (AUC), in collaboration with the United Nations Conference on Trade and Development (UNCTAD), the workshop is held with the general objective to build the capacity of services negotiators in Africa to effectively benefit from trade in services opportunities at bi-lateral, regional and multilateral levels.

Most importantly it would prepare for the Continental Free Trade Area (CFTA) negotiations on Services that were launched at the AU Summit in South Africa in June.

The workshop will also provide a forum to share experiences of successful services exports and brain storm on a strategy for CFTA Services Negotiations.

Bonapas Onguglo, Senior Economic Affairs Officer at UNCTAD, has welcomed all the participants to the training and express his gratitude and appreciation to the government of Kenya and the AUC for co-hosting this training workshop.

UNCTAD is highly commited to providing capacity building to boost economic development through trade in Afica, said Onguglo.

He noted that services played a key role in this and encouraged participants to increase their economy’s competitiveness through mainstreaming services economy and trade, including in the CFTA context.

Joyce Ogundo, Director of Economic and International Trade from the Ministry of Foreign Affairs and International Trade in Kenya, delivered the Opening Statement on behalf Dr Amina Mohammed, Cabinet Secretary of the Ministry.

She commended the AUC for the initiative and thanked UNCTAD for the support in organizing this training which will provide an opportunity for developing a network of experts that would drive the services negotiations under the CFTA.

AUC, AU member states and international organizations as well as the private sector are attending this meeting.

CAJ News

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Posted by on Aug 25 2015. Filed under Africa & World, Finance, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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