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Africa – Economy: The ADB supports the trade facilitation project in the CEEAC region

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Written by Deckson N.

A mission from the African Development Bank (ADB) led by its resident representative in Gabon, Ali Lamine Zeine (photo), was received in audience on Oct. 24, 2016 by the Secretary General of the Economic Community of Central African States (CEEAC), Ahmad Allam-Mi, to make the Regional support Project and technical assistance for the implementation of programs on trade facilitation in the CEEAC space.

Ahmad Allam-Mi thanked the ADB team for their support, on time and jointly agreed the draft outline of the assessment report of the said proposed project. “The relevance of the arrested axes is evidence of the need to assist the Secretariat in steering this important issue to trade facilitation in the region,” he said. He hoped that the work planned for 5 days between experts of both institutions allow to finalize the project formulation and its estimate for a start in the shortest possible time, ideally beginning in 2017.

The representative of the ADB on the other hand stressed that “the project shows the determination of the ADB to support the CEEAC and especially the Member States in the implementation of the Agreement on the facilitation of WTO trade [World trade Organization] and in particular the identification of technical assistance needs of national Committees of the countries, giving priority to landlocked countries and island.

He recalled that the ADB has already approved a grant of two million units of account, or more than 1.652 billion FCFA for the Secretariat of the CEEAC for its project financing.

As a reminder, the mission follows the identification and preparation of the project from 25 July to 9 August 2016, mainly at the headquarters in Libreville, and in some countries of the region (Gabon, Congo and Central African Republic) due to the regional nature of the project and the need to involve national facilitation committees of Member State trade.

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Deckson N.

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