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Trade facilitation for African economies (WP1259)

Trade facilitation for African economies (WP1259)
Date
Thursday 24 - Friday 25 October, 2013
Venue
Wiston House

Wilton Park
Wiston House, Steyning
West Sussex
BN44 3DZ
+44 (0) 1903 815 020

For more information see Your stay at Wilton Park

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Event no.
WP1259
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This high level meeting considered whether a multilateral agreement on trade facilitation at the WTO Ministerial in Bali could provide African nations and the global trading system with the tools to unlock Africa’s economic and social potential.

Key points from emerged from this meeting:

  • Regional integration is essential for improving trade. African states should have more autonomy over decisions that affect them. Cooperation between states can provide a collective voice, increasing negotiating power at global meetings.
  • Borders must become more efficient to reduce the time and costs incurred when crossing them – an issue particularly damaging to smaller businesses, and one that requires diplomatic cooperation.
  • More investment is needed in infrastructure and research to improve goods transportation and develop efficiency improvements. Better technology and data would create better policy decisions. The private sector should be more involved.
  • Global cooperation is still vital. Openness is not enough on its own as other costs are still high. Bali represents an opportunity to revitalise international trade agreements. An agreement should be realistic and reflect existing best practice.

Speeches

Lord Green – The road to Bali

Contacts

Kathryn Hingston: Programme Director

Biography and other events

Kathryn Hingston: Programme manager

Partners

In association with