THISDAY

ECOWAS: Present Political Situation in W'Africa Shouldn't Be Judging Yardstick

Laments low trade volume among member states *Parliament members should be elected not selected, says Odebiyi

- Michael Olugbode in Abuja

President of the Economic Community of West African States (ECOWAS) Commission, Dr. Alieu Touray, has decried the fact that the current political situations within the subregion had overshadow­ed the efforts of the regional bloc at addressing the needs of citizens of the community.

He, however, lamented the low trade volume amongst member states, which hovered in the region of 12%.

Touray also said the trade volume within the larger African continent was not also impressive as it stood under 20%.

Speaking at the maiden briefing on the activities of the sub-regional body yesterday in Abuja, Touray said, “There is so much more that ECOWAS is engaged in, as ECOWAS is present in virtually all facets of human developmen­t in the region, planning and providing for the contempora­ry needs of the community.

"Unfortunat­ely, these laudable strides in the region's relentless march towards an economic union have been overshadow­ed by contempora­ry political developmen­ts." He said with the strategies and policies in place to encourage trading and movement of goods and people within the subregion, it was dishearten­ing that trade amongst member states was abysmally low.

“At the moment, our intra community trade stands around 12%. On the whole in Africa, intra continenta­l trade is under 20% which is extremely low.

"If you look at developed countries, countries that are sufficient­ly integrated or regions that are sufficient­ly reintegrat­ed, intra continenta­l trade alone is around 60 to 70%.

"So we have a long way to go. Very long way to go and this is why it is important that we open our markets for our own produce, our own manufactur­ed items."

He also stressed the need to have sufficient local content on production within the sub-region.

Meanwhile, former Senator Tolu Odebiyi, from Ogun West, as advised that members of the ECOWAS Parliament should emerge through election conducted directly for such purpose other than being selected from member states Assemblies,

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