Addressing the opening of the third African Trade Policy Centre (ATPC) Steering Committee Meeting (SCM) in Accra, Ghana, Mr. Karingi said while celebrating the AfCFTA, Africa is now mulling its next steps towards a customs union and a common market. Thanks to the AfCFTA, Mr Karingi added, the continent was no longer a helpless bystander as developed countries pursued their own strategic interests at Africa’s expense.
“The AfCFTA now offers the perfect platform for Africa to pursue policies of strategic autonomy just like everyone else is doing,” Mr. Karingi told participants, underlining that the AfCFTA was a development tool that can help Africa tackle many challenges such as food insecurity, joblessness, marginalization and health insecurity.
“The AfCFTA can help Africa fix its macroeconomic challenges, address food insecurity, overcome the predicament of jobless growth, and serve as a tool for inclusive and sustainable development. All this is possible, but only if we fully implement the AfCFTA and unleash its potential to the full,” said Mr. Karingi.
The key to succeed in this endeavour lies in our ability to use the AfCFTA as a platform for Africa’s industrialisation, added Mr Karingi. To this end, ECA is supporting several initiatives, including the development of the electric battery value chain in the Democratic Republic of Congo and Zambia.
Speaking at the same meeting, ATPC Coordinator Melaku Desta welcomed the members of the Committee, thanked the Government of Canada for its long-standing support to the ATPC for nearly 20 years now, and expressed his appreciation to the AfCFTA Secretariat, the AU Commission, the regional economic communities (RECs), representatives of the organized African private sector and civil society, and other members of the Committee for their commitment and guidance to the work of the ATPC. Mr Desta described the Steering Committee as ATPC’s principal governance mechanism that provides oversight and guidance for its overall direction and strategic priorities.
On her part, Ms. Marjorie Cheron, Co-Chairperson of the Steering Committee and representative of Global Affairs Canada, described the AfCFTA as “a game changer that promises to create a stable business environment with common rules that will lead to the establishment of a single market of significant size”.
Ms Chéron informed the Committee that Canada is working on an economic cooperation strategy with Africa which will set the vision for the future of economic partnership to establish a robust, long-lasting, and collaborative trade and investment framework for Africa’s inclusive economic growth.
Ms Chéron also announced that, in the next few weeks Canada will be hosting the African Union Commission to engage in the first Trade Policy Dialogue with Canada that will focus on trade policy topic and investment issues.
Also at the same meeting, Prudence Sebahizi, Director of Institutional Matters and Programmes Coordination at the AfCFTA Secretariat, who represented H.E. Wamkele Mene, Secretary-General of the AfCFTA Secretariat and Chairperson of the ATPC Steering Committee, applauded ATPC's role as an African thinktank on trade policy and related matters that provides an indigenous voice on some of the most pressing regional, continental and global trade policy issues that determine Africa’s future in the world.
Mr. Sebahizi added that ATPC can assist the continent in the need to interrogate the different reports that are released by a host of institutions globally, develop a harmonised methodology to assess the likely impact of the AfCFTA on intra-African trade, continental GDP, the welfare of citizens, industrialisation, similar parameters.
M. Sebahizi a présenté une liste de questions qui devraient encore guider tout le travail que fait le CAPC, y compris une recherche continue d'une explication quant à la raison pour laquelle l'Afrique, malgré sa dotation en ressources naturelles et humaines abondantes, reste loin derrière toutes les autres parties du monde. monde, ce que l'AfCFTA peut contribuer à changer cette réalité, et ce qui peut être fait pour maximiser l'impact positif de l'AfCFTA et accélérer la transformation de l'Afrique.
À sa conclusion, le Comité de pilotage a salué la pertinence, la qualité et le volume de travail accompli par le CAPC, a approuvé son rapport narratif et financier pour 2022 ainsi que le plan de travail et le budget pour 2023, et a félicité la CEA pour le rôle qu'elle continue de jouer. jouer dans la défense du développement social et économique de l'Afrique.