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Strengthening Capacity for Trade Negotiations and Trade Policy Development within COMESA

  • Project Name:
    Strengthening Capacity for Trade Negotiations and Trade Policy Development within COMESA
    Institution :
    Common Market for Eastern and Southern Africa
    Project Region :
    Eastern & Southern Africa
    Country :
    Zambia
    Status :
    Active
    Phase :
    I
    Grant Number :
    98
    Grant Amount (USD):
    1 500 000
    Approval Date:
    May 2002
    Commitment Date:
    2002
    Closing Date:
    2007
    Phase :
    II
    Grant Number:
    280
    Grant Amount (USD):
    3 000 000
    Commitment Date:
    2013
    Closing Date:
    2017
    Introduction:

    The Common Market for Eastern and Southern Africa (COMESA) was established in 1994 to replace the Preferential Trade Area for Eastern and Southern African States (PTA).    COMESA launched the Free Trade Area (FTA) on October 31, 2000 and plans to achieve full Economic Community in 2025.  On the 9th of May 2002, the Executive Board approved a grant of US$ 1.5 million to COMESA to help address the lack of institutional and human capacity in the areas of trade negotiations, trade policy formulation, customs union policy issues and private sector as well as civil society participation in trade policy and regional integration issues. A second phase grant was approved for USD 3 million. 

    Project Description:

    The main goal of Strengthening Capacity for Trade Negotiations ad Trade Policy Development within COMESA is to foster regional integration among its members as well as their integration into the global economy.

    Expected Results:

    Success story | Video 

Thomas Kwesi Quartey

ACBF has been granted the status of a specialized agency because of the potential to transform Africa through capacity development.
H.E. Thomas Kwesi Quartey, Deputy Chairperson, AU Commission
Erastus Mwencha

The recognition of ACBF as the African Union’s Specialized Agency for Capacity Development launches the beginning of a new era for capacity building by ACBF, which will require an appropriate level of political commitment and financial support from all stakeholders.
H.E. Erastus Mwencha, Chair, ACBF Executive Board
Lamin Momodou

The remarkable achievements ACBF has registered over the past 26 years is not by accident in our opinion. They have come through hard work, dedication, commitment, purposeful leadership, support from the member countries as well as productive partnership building.
Mr. Lamin Momodou MANNEH, Director, UNDP Regional Service Centre for Africa
Goodall Gondwe

Africa needs ACBF as much, probably more now, than at the time it was created in 1991.
Hon. Goodall Gondwe, former Chair of the ACBF Board of Governors and Minister of Finance – Malawi
Ken Ofori Atta

Ghana’s partnership with ACBF is a tremendous blessing for us and therefore the opportunity for Ghana to host the 26th ACBF Board of Governors Meeting is something that we treasure.
Hon Ken Ofori Atta, Chair of the ACBF Board of Governors and Minister of Finance - Ghana
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