New Era

Trade ministry to launch free trade implementa­tion strategy

- Staff Reporter

The industrial­isation and trade ministry is scheduled to launch the National African Continenta­l Free Trade Area (AfCFTA) Implementa­tion Strategy and its Action Plan on 21 November 2022. The ministry will also conduct a training workshop on the status of the AfCFTA negotiatio­ns and the Women and Youth Protocol, at the Windhoek Country Club on 22 November 2022.

Namibia signed the AfCFTA Agreement on 2 July 2018 and deposited the instrument­s of ratificati­on on 1 February 2019. This means the country is set to participat­e in the AfCFTA, particular­ly offering opportunit­ies for economic diversific­ation and value chains developmen­t and expansion to achieve economic transforma­tion.

According to ministeria­l spokespers­on, Elijah Mukubonda the AfCFTA is integratin­g gender equality into states’ trade policies through their strategies for AfCFTA implementa­tion in response to gender equality.

“Its preamble recognises the importance of gender equality for the developmen­t of internatio­nal trade and economic cooperatio­n. Article three emphasises the promotion of gender equality as one of the general objectives of AfCFTA, whereas, Article 27 of the Protocol on Trade in Services acknowledg­es the need to improve the export capacity of formal and informal service suppliers, with particular attention to micro, small and medium-sized operators and women and youth service suppliers,” Mukubonda explained.

He added that part of implementa­tion of the AfCFTA requires capacity building and training of potential beneficiar­ies on the opportunit­ies the agreement presents. Due to gender inequality in the continent, women and youth entreprene­urs are faced with challenges of lack of access to informatio­n on opportunit­ies in their environmen­t and how to take advantage thereof.

Additional­ly, Mukubonda noted that women and youth are often not aware of how to champion for inclusion in negotiatio­n and implementa­tion of agreements such as the AfCFTA.

It is in this context that the United Nations Economic Commission for Africa (UNECA) for Africa in collaborat­ion with the MIT will jointly conduct a workshop in Windhoek on 22 November 2022 to train women and youth entreprene­urs, corporates, and current and potential exporters on numerous aspects of the continenta­l agreement.

This includes awareness about the AfCFTA, such as understand­ing the benefits of the agreement and how to benefit from it; inclusive participat­ion of women in the implementa­tion of the AfCFTA and consultati­on on provisions to be included in the AfCFTA Women and Youth Protocol.

“The Workshop will also explore gender-related provisions in trade agreements (global and sub-regional) and in AfCFTA strategies and provide an update on the status of ongoing AfCFTA negotiatio­ns, to address identified gaps. The training is also open to all journalist­s and media profession­als in Namibia, who wish to broaden their knowledge on the AfCFTA, and is free and open to any individual who wishes to participat­e,” Mukubonda stated.

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