The Assembly of Heads of State at the African Union has given a directive to trade negotiators and ministers to conclude all outstanding negotiations, regarding the African Continental Free Trade Agreement by the end of June this year.
This includes the protocols on rules of origin which seeks to deal with the issue of third party exports into the free zone area.
Secretary General of the AfCFTA Secretariat, Wamkele Mene told a media interaction that members are working assiduously to meet the timeline, especially on the rules of origin which is about 90% completed.
“There has been a lot of work ongoing by the ministers on outstanding negotiations and especially on rules of origin which is about 86% to 90% concluded because this will deal with issues of transshipment and third party exports”.
“The ministers also recalled the directive by the Heads of State to ensure that all negotiations are concluded by the end of June this year, so there will be more frequent meetings to ensure that this target is achieved” he noted.
The African Council of Trade Ministers had their 5th Session in Accra during the week to deliberate on some matters concerning the trade deal as well as dialogue on the just ended inaugural meeting by the Dispute Resolution Body.
Latest Stories
-
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
3 minutes -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
17 minutes -
Top 20 Ghanaian songs released in 2024
38 minutes -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
52 minutes -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
1 hour -
Kudus sights ‘authority and kingship’ for elephant stool celebration
1 hour -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
2 hours -
Nana Aba Anamoah, Cwesi Oteng special guests for Philip Nai and Friends’ charity event
2 hours -
Environmental protection officers receive training on how to tackle climate change
2 hours -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
3 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
3 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
3 hours -
Ban on smoking in public: FDA engages food service establishments on compliance
3 hours -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
3 hours -
GEPA commits to building robust systems that empower MSMEs
3 hours