Boosting intra-African trade crucial to Africa's development says ECA's Stephen Karingi
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2017-07Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa.;Metadata
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The Aid for Trade Global Review 2017 opened at the World Trade Organisation (WTO) headquarters in Geneva today with the Economic Commission for Africa’s Capacity Development Division (CDD) Director, Stephen Karingi, emphasizing the need to boost intra-African trade. Boosting intra-African trade is the most effective channel for trade to deliver development on the African continent, said Mr. Karingi, adding deeper trade integration is the surest way to speed up Africa’s economic transformation. Intra-African trade currently stands at a mere 13 percent of the continent’s total trade, which is very low. As the ECA we are saying there’s need for African governments to do more to grow intra-African trade,” he said, adding Africa’s relatively low intra-regional trade is also as a result of barriers created by limited connectivity within the continent.
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“United Nations. Economic Commission for Africa. (2017-07). Boosting intra-African trade crucial to Africa's development says ECA's Stephen Karingi. Addis Ababa. © UN. ECA,. https://hdl.handle.net/10855/39518”Collections
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