Dr Doris Uzoka-Anite, Minister of Industry, Trade, and Investment (FMITI), says developing the African Caribbean Free Trade Agreement
Dr Doris Uzoka-Anite , Minister of Industry, Trade, and Investment , says developing the African Caribbean Free Trade Agreement will require a multi-faceted approach. InclusiveDr Doris Uzoka-Anite , Minister of Industry, Trade, and Investment , says developing the African Caribbean Free Trade Agreement will require a multi-faceted approach. Inclusive
Uzoka-Anite said strong political will from the political leaders was also needed to achieve the development of the African-Caribbean Free Trade Agreement. She emphasised the need to create incentives for private sector involvement in the agreement, as the sector would be the major driver of the agreement.
She said dispute resolution mechanisms have to be in place to ensure the agreement is enforced in an equitable, efficient, and transparent way “where everybody feels they are part of it.” “Even harvesting technology transfers between emerging areas like renewable energy and some industries. Now the Caribbean is discovering oil.
Christopher Edordu, Former President, Afreximbank, suggested going slow to achieve positive results on the trade agreement. “I believe we need as soon as possible a document outlining the scope of this endeavor, present it to the African and Caribbean leaders, receive their mandate with a timeline and roadmap to execute and the rest will follow.”
Northern Nigeria's largest city Kano has sparked outrage after police banned its famed Durbar festival because of a dispute between two traditional royals. Late on Thursday, police in Kano announced the suspension of the colourful annual horse procession by the traditional emir and his courtiers to mark the Muslim Eid celebrations of sacrifice. Kano has…
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