Daily Trust

ECOWAS launches regional trade network

- By Abiodun Alade, Lagos

NEWS

Organisati­ons in accessing new markets and establishi­ng linkages he Economic between local and Community of internatio­nal businesses. West African On her part, the States (ECOWAS), Executive Director of with the support of the the Internatio­nal Trade Internatio­nal Trade Centre, Pamela CokeHamilt­on Centre (ITC), yesterday, emphasised launched the ECOWAS the milestone West Trade Promotion Africa has achieved with Organisati­on (TPO) the establishm­ent of the Network in Abuja. ECOWAS TPO Network.

The CEO/Executive “As a network you can Director of the Nigerian learn from each other, Export Promotion support growth into each Council (NEPC), Mr. other’s markets, invest in Olusegun Awolowo, was shared informatio­n assets, also appointed to chair and amplify the voice the first Annual General of TPOs and the private Meeting (AGM) of the sector as champions of network. the Africa of tomorrow,”

The Network is a said Ms. Coke-Hamilton. public-sector led entity, Mr. Awolowo stated which will work in that this was a first of partnershi­p with the many steps towards ECOWAS Commission building mutual trust to promote goods made and cooperatio­n without in West Africa. borders within the

ECOWAS ECOWAS region. Commission­er for “As at today intraAfric­a Trade, Customs and exports only Free Movement, Tei accounts for about 16% Konzi, who represente­d of Africa’s global export, the President of the and more specifical­ly ECOWAS Commission, intra-ECOWAS trade Jean-Claude Kassi Brou, only accounts for a tenth stressed the importance of ECOWAS countries’ of the Trade Promotion global trade,” he said.

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