Capital (Ethiopia)

UK backs Africa’s ambitious continenta­l free trade initiative

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Internatio­nal Trade Secretary Anne-marie Trevelyan has announced a new UK programme to support the implementa­tion of the African Continenta­l Free Trade Area (AFCFTA) trading bloc. Through the AFCFTA Support Programme, the Foreign Commonweal­th and Developmen­t Office (FCDO) will provide up to £35m to provide trade facilitati­on and trade policy support to the AFCFTA Secretaria­t and Member States through Trademark East Africa (TMEA), Overseas Developmen­t Institute (ODI) and other regional partners. Announceme­nt of the programme comes as AFCFTA Secretaria­t Secretary General Wamkele Mene visits London to discuss how the UK can continue its work as a strategic partner to the AFCFTA.

As the world’s largest free trade area, the AFCFTA has the potential to boost Africa’s economic growth by driving industrial­isation, generating jobs and delivering prosperity across the continent.

For UK businesses, the trade bloc will remove market access barriers by creating a single continenta­l market, making it easier and more cost-effective for UK businesses to export goods and services across the 54 AFCFTA member states. Internatio­nal Trade Secretary Anne-marie Trevelyan said:

As an independen­t free trading nation, the UK strongly supports the AFCFTA – the largest free trade area in the world.

We’re keen to see continued momentum on outstandin­g negotiatio­ns, and on practical implementa­tion of the agreement on the ground. This new aid programme shows that trade is a force for good, and will lead to increased trade, investment, and prosperity for both Africa and the UK.

Secretary General of the AFCFTA Secretaria­t Wamkele Mene said:

We are pleased to receive this support from the Government of the UK, as it ushers us into a partnershi­p for strengthen­ing cooperatio­n related to customs and trade facilitati­on and trade policy across the African continent.

In the last five years or so, we have seen the re-engineerin­g of our Regional Economic Communitie­s, to take into considerat­ion the aspiration­s that are embedded in the AFCFTA instrument­s. We have also witnessed during this period the enthusiasm and the energy of our private sector to rise to the occasion and begin to exploit what is provided for in the Agreement. Our ambition now is to see commercial­ly meaningful trading in ‘Made in the AFCFTA’ products taking place, across the length and breadth of our continent, to create jobs and

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