BimbolaOyesola
The 3rd Regional Dialogue on WTO Accessions for Africa was held recently in Addis Ababa, Ethiopia, with the focus on the theme of “Deepening Economic Integration in Africa through WTO membership and African Continental Free Trade Area (AfCFTA) Implementation”.
Hosted by the government of Ethiopia, the three-day event was organized by the WTO secretariat, in partnership with the African Union Commission (AUC), the International Trade Centre (ITC), the United Nations Economic Commission for Africa (UNECA) and the World Bank.
Regional Dialogue highlights synergies between African WTO membership and AfCFTA Regional Dialogue highlights synergies between African WTO membership and AfCFTA.
The event provided a timely context for African acceding governments to explore the synergies between WTO membership and the AfCFTA in order to advance domestic reforms and economic development.
Over 70 representatives from African WTO accession candidates and WTO members as well as representatives of international organizations, government officials, academia, experts from partner institutions and the private sector attended the event.
The implementation of the AfCFTA is set to start on 1 July 2020, following the agreement’s entry into force on 30 May 2019. All 44 African WTO members and nine WTO observers are signatories to the AfCFTA, with 29 having ratified the agreement to date.
The event was opened with a high-level session dedicated to the memory of the late Nigerian Ambassador and former WTO director Chiedu Osakwe. The session was chaired by WTO Deputy Director-General Alan Wolff and was attended by Ethiopia’s Minister of Trade and Industry Melaku Alebel, African Union (AU) Commissioner for Trade and Industry Alber M. Muchanga, UNECA Director for Regional Integration and Trade Stephen Karingi, former Minister of Commerce and Industry of Liberia Axel Addy and former WTO Senior Economist Patrick Low.
“Today’s event is the result of a true partnership and collaboration with several institutions,” said DDG Wolff. “This year, the WTO celebrates its 25th anniversary. As members are seriously embarking on WTO reform debate to improve the functioning of the system, what I see is that most often, acceeding governments can appreciate far better the value which the system can offer them and do for them.”
The event followed the fourth meeting of the Working Party on the Accession of Ethiopia on January 30, which restarted its WTO accession negotiations. Minister Alebel stressed that Ethiopia’s initiative to join the WTO is a key element in the pursuit of national development policy objectives.
AU Commissioner Alber M. Muchanga underlined Africa’s two-way contribution to the multilateral system — through the accession of African countries to the WTO and the formation of the AfCFTA, particularly at a time when protectionism and retaliatory trade measures are on the rise. The AfCFTA offers opportunities for acceding African countries to trade across Africa and helps them to prepare for WTO accession. His speech is available here.
UNECA director, Stephen Karingi, reaffirmed Africa’s confidence in a rules-based system as a tool for inclusive and people-centred development, and noted that almost half of the 22 countries negotiating WTO accession are from Africa.