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xxxxxxxxxxx of Monday, 13 May 2019

Source: classfmonline.com

CFTA Secretariat: AU Delegation assesses Ghana’s bid

A delegation from the Africa Union Continental Free Trade Area (CFTA) has arrived in Accra to assess Ghana’s bid to host its secretariat.

Ghana is among six other countries that have put in a bid to host the CFTA secretariat which aims to establish a single market across the continent and extend the provision of regional public goods beyond hard infrastructure.

The other bids are from Eswatini (formerly Swaziland), Egypt, Ethiopia, Kenya, Senegal and Madagascar.

Ghana’s Information Minister, Mr Kojo Oppong Nkrumah, on behalf of the Ghanaian government, received the 10-man AU delegation led by Ambassador Rosette Nyirinkindi Katungye, an advisor on Regional Integration at the Bureau of the office of the AU Chairperson, shortly after they arrived at the Kotoka International Airport.

Mr Nkrumah said the delegation was in town to inspect Ghana’s preparedness to host the secretariat.

He said Ghana was looking forward to grabbing the opportunity which comes with several benefits, including the creation of jobs.

“In the coming days, Ghanaian officials will take them round on an inspection to show our preparedness. If you have the secretariat in your country, it is a huge deal which will bring many opportunities for the growth of this country,” Mr Nkrumah told reporters.

The Africa Continental Free Trade Area is a planned free trade area outlined in the Continental Free Trade Agreement among 49 of the 55 AU nations.

President Nana Addo Dankwa Akufo-Addo, in March last year, appended his signature to the three legal instruments, namely the agreement establishing the Continental Free Trade Area; the Protocol on Free Movement of Persons and the Kigali Declaration which have brought the CFTA into fruition.