SOUTH AFRICAN TRADE MINISTER IN ADDIS TO ATTEND AFRICA TRADE WEEK
South African Trade and Industry Minister Rob Davies has left for Addis Ababa, Ethiopia, to attend the Africa Trade Week, a new pan-African platform for advancing intra-Africa trade dialogue by providing a comprehensive, integrated and inclusive platform for policy dialogue.
The Department of Trade and Industry said in a statement here Monday that Davis would be participating in three panel sessions during the meeting which runs from Monday to Wednesday.
The panel sessions relate to the Continental Free Trade Area (CFTA) and the continental integration agenda as espoused in the African Union’s 50-year development strategy, Agenda 2063.
Davies will also attend the AU Ministers of Trade meeting where ministers will consider the progress of the CFTA negotiations. The CFTA negotiations were launched by African Heads of State and Government during the AU Assembly held in Johannesburg, South Africa, in June last year.
The CFTA aims to boost intra-Africa trade and to build an integrated Africa of one billion people and gross domestic product (GDP) of approximately 2.6 trillion US dollars.
Davies is also due to engage on key international trade issues such as the World Trade Organization, the Africa Growth Opportunity Act, Economic Partnership Agreements, and the implications of Brexit, as well as international Investment landscape.
On the sidelines of the Africa Trade Week meeting, Davies will meet the trade ministers of Kenya, Egypt and Nigeria to discuss the enhancement of co-operation and advancing regional economic integration in Africa.
Source: NAM NEWS NETWORK