Addis Ababa October 21/2020 (ENA) President Sahle-Work Zewde highlighted the importance of the African Continental Free Commerce Space (AfCFTA) in revitalizing pan-Africanism for sustainable peace and growth.
The president made the comment on Tuesday on the opening of the ninth Excessive-Degree Tana Discussion board being held digital underneath the theme “The AfCFTA: Revitalizing Pan Africanism for Sustainable Peace and Development in Africa”.
Projected to spice up financial growth by bringing collectively 55 African economies to kind the worlds’ largest buying and selling bloc, when absolutely operationalized the AfCFTA will account for USD 3.four trillion.
The president pressured the necessity to contemplate the transformative constructive impression that the AfCFTA guarantees.
“We are in the midst of turbulent times. The health and economic challenges brought about by the COVID-19 pandemic have negatively impacted the global economy,” she famous.
The COVID-19 pandemic and the multifaceted disruptions that it induced have “shown us the importance and value of inter-Africa trade more than ever before”, Sahle-Work added.
She additionally underscored the significance of Tana Discussion board for selling African options to continental safety points.
The discussion board promotes African-led options by holding discussions on the strategic and pro-active administration of African peace and safety points.
The Discussion board enhances formal conferences of African heads of state and authorities by assembling them in a casual, collaborative setting.