At the forthcoming 2013 Pan African Chamber of Commerce and
Industry (PACCI) conference top on its agenda is the implementing efficient
trade policies, ITRealms can
authoritatively report.
The PACCI’13 conference, ITRealms
investigations revealed is being organized by African Chambers of Commerce and
Industry on November 28th and 29th 2013, and is
expected to advance the Continental Free Trade Area (C-FTA).
Confirming this, PACCI in a press
statement made available to ITRealms indicates that despite the unease with free trade in
many corners of the world, PACCI considers free trade to be good for
development.
“Free trade can increase income levels,
jobs, and bring in growth and prosperity. In all likelihood, PACCI believes
that the discomfort with free trade lies not in the notion of free trade itself
but how trade liberalization is pursued worldwide, too often linked with
hypocrisy, guilt by association, democratic deficit and disregard for
inequality,” official told ITRealms.
Equally, the conference is expected to address relevant issues
to a modern trade and investment environment, from ambitious new market access opportunities
to clear rules for African businesses and investors.
These include mainstreaming
and implementing coherent and efficient trade policies; reducing costs and time
for moving goods to destinations; creating regional and continental value
chains, increasing local production and trade in goods produced in Africa; developing
innovative mechanisms for multi-country infrastructure projects, e.g. energy,
transport, telecom et; developing African Financial institutions/mechanisms to
support intra-African trade and investment; and promoting intraregional
harmonisation of regulations and factor mobility.
Remmy Nweke
ITREALMS Online ... delivering news for ICT4D
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