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AfCFTA, key driver for Africa's economic recovery post COVID-19- Secretary-General


Lagos, March 5, 2021 Mr Wamkele Mene, Secretary General, Africa Continental Free Trade Area (AfCFTA) has described the AfCFTA as a driver for Africa’s recovery from the impacts of the coronavirus pandemic.
He said it would drive recovery from impacts of the pandemic on the continent’s industralisation growth and development agenda.
Mene made the assertion during a courtesy visit to the Lagos Chamber of Commerce and Industry (LCCI) on Friday in Lagos.
He said the continent’s ability to trade in merchandise and services inclusive of the airlines industry, tourism and other components was critical to its recovery.
Mene said that Africa, before the onset of the pandemic, was a significant market with a growing rate of 3.4 per cent annually, and the producer of six out of 10 fastest growing economies of the world. ....

South Africa , Toki Mabogunje , Victor Liman , Lagos Chamber , International Monetary Fund , Nigerian Office For Trade Negotiations , Wamkele Mene , Secretary General , Africa Continental Free Trade Area , Sub Saharan Africa , Mrs Toki Mabogunje , Acting Chief Trade , Director General , Nigerian Office , வெற்றியாளர் லிமண் , லாகோஸ் அறை , சர்வதேச பண நிதி , நைஜீரியன் அலுவலகம் க்கு வர்த்தகம் பேச்சுவார்த்தைகள் , செயலாளர் ஜநரல் , நடிப்பு தலைமை வர்த்தகம் , இயக்குனர் ஜநரல் , நைஜீரியன் அலுவலகம் ,

Rice, flour, sugar, cement top free trade exemption list


• Intrigues over appointment of substantive AfCFTA chief trade negotiator
• Rules of Origin abuse worries manufacturers
• 81% rules of origin negotiated, abuse worries manufacturers
Despite Nigeria’s comparative advantage and self-sufficiency status in the production of certain products, cement, flour, rice, sugar and 180 other products would not be liberalised under the African Continental Free Trade Area (AfCFTA), even though doing otherwise would help the country tame its rising inflation, The Guardian learnt.
  
Sources familiar with the tariff lines in the schedule submitted to ECOWAS by Nigeria for negotiation told The Guardian that, while 131 products are already on the import prohibition list, the remaining products on the exclusive list were picked based on national priorities, trade volume, priority, food security and competitive advantage. ....

Chiedu Osakwe , Victor Liman , Lagos Chamber , Customs Service , National Bureau Of Statistics , Tariff Technical Committee , National Action Committee , African Continental Free Trade Area , Tariff Technical , Chief Trade Negotiator , Ambassador Chiedu , Acting Chief Trade Negotiator , Federal Government , Consumer Price Index , National Bureau , Covid 19 , வெற்றியாளர் லிமண் , லாகோஸ் அறை , சுங்க சேவை , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , சுங்கவரி தொழில்நுட்ப குழு , தேசிய நடவடிக்கை குழு , சுங்கவரி தொழில்நுட்ப , தலைமை வர்த்தகம் பேச்சுவார்த்தையாளர் , நடிப்பு தலைமை வர்த்தகம் பேச்சுவார்த்தையாளர் , கூட்டாட்சியின் அரசு ,