18 June 2019 03:04 PM

Niger President urges removing obstacles facing CFTA establishment

Sunday، 09 December 2018 - 01:33 PM

Niger President Mahamadou Issoufou - who chairs the African Union's Continental Free Trade Area (CFTA) - urged ditching all obstacles and tariff problems facing the establishment of the CFTA under which an African market will be set up.

Addressing the Africa 2018 Forum in Sharm El Sheikh, he said the CFTA will be the biggest free trade zone in the world and will contribute to the implementation of Africa Agenda 2063.

He said President Abdel Fattah El Sisi was chosen to chair the African Union in 2019, noting that there is a great chance for realizing integration in Africa.

Issoufou said the Continental Free Trade Area (CFTA) will offer a chance for promoting industrialization in Africa, underlining the importance of exerting more efforts to secure a proper climate for investment.

He referred to the great mineral potentials of the African continent, noting that the CFTA will offer a chance for upping the added value with regard to inter-trade.

He added that the CFTA will help in realizing industrial development in Africa.

He underlined the importance of upgrading ports, airports and roads to boost inter-trade.

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