Integration of Africa in the global trading system: the challenges of building trade and trade-related capacity: WTO/ECA/ADB Short Trade Policy Course by K.Y. Amoako Executive Secretary

Abstract

This statement delivered by K.Y. Amoako Executive Secretary of ECA at the WTO/ECA/ADB Short Trade Policy Course. Mr. Amoako, on his remarks highlighted that; Africa needs to be more effectively integrated in the global trading system to take full advantage of larger markets created by globalization and liberalization. Countries that have integrated effectively into the global economy have done so through outward oriented and market friendly policies that allow them to benefit from increased capital flows, technology advances, cheaper imports, and greater export markets. This WTO Trade Policy Course is a vivid example of their efforts. As you are all aware, most of the subjects listed in the Doha Declaration involve negotiations and require actions for which there is a desperate need for technical capacity building in Africa. ECA intends to develop a comprehensive training programme at the ECA African Institute for Economic Development and Planning (IDEP) in Dakar, Senegal, for African trade negotiators to enhance their capacities and skills for effective participation in multilateral trade negotiations.