Latest News
  • ***In Abuja, today (19th June), ECOWAS-15 Regional Stakeholders commenced technical meeting to finalize the Market Access Offer (Schedule) of Tariff Concessions for Trade in Goods, for the operational launch of the AfCFTA, in July, 2019 *** The Goods Market Access Offer (Schedule) shall establish the 90% level of ambition (non-sensitive) and sensitive lists, and staging periods, for the ECOWAS-15, in the AfCFTA. In the AfCFTA, the ECOWAS-15 is negotiating, collectively, as a Customs Union (CU), with a common, undifferentiated Goods Schedule that shall preserve its integrity as a Customs Union *** Nigerian Trade Negotiators were in Addis from 20th May to 8th June to participate at technical negotiations, policy meetings and bilateral engagements, preparatory to the 12thExtraordinary Summit of the African Union (AU) for the “Operational Launch” of the Agreement Establishing the AfCFTA, scheduled for Niamey, Niger, on 7th July. Ambassador Osakwe, Nigeria’s Chief Trade Negotiator, led the Nigerian Delegation *** In Addis, the Nigerian Delegation participated at the meetings of the 15th Negotiating Forum (NF) of the AfCFTA; Senior Trade Officials (STOs) of the African Union; and, the 8th Meeting of the African Ministers of Trade (AMOT). Ambassador Osakwe, DG NOTN and Ambassador Albert Muchanga, AU Industry and Trade Commissioner, with their Teams, undertook a detailed technical review of the legal and policy status of the AfCFTA and the envisaged draft package to be submitted for decisions to the 12th Extraordinary Summit of the AU Niamey Summit *** WTO Director-General Roberto Azevêdo, on the margins of the OECD Ministerial Meeting in Paris, participated at the WTO Informal Ministerial meeting on 23 May. Director-General Roberto Azevêdo, at the WTO Informal Ministerial, urged Ministers to address systemic challenges and advance negotiating work in parallel. Azevêdo advised intensified work on fisheries subsidies, if there was to be a successful outcome by the agreed end-of-year deadline ***

“100 DAYS TO THE CFTA”- CHIEF NEGOTIATORS RECONFIRM THEIR COMMITMENT TO CONCLUDE NEGOTIATIONS ON THE CFTA BY END OF 2017

The African Union Commission is organizing the Seventh Meeting of the Continental Free Trade Area (CFTA) Negotiating Forum (CFTA-NF) from 02-07 October 2017 in Ethiopia. The Objective of the meeting is to consider the draft Texts of the CFTA Agreement and its Annexes and Appendices proposed by the Technical Working Groups (TWGs). Furthermore, the Chief Negotiators will discuss criteria for designating sensitive products and exclusion list in the modalities for tariff liberalization.

AFRICAN UNION MINISTERS HOLD INFORMAL CONSULTATIONS ON THE MATTER OF RESERVATIONS MADE ON CFTA MODALITIES ON THE LIBERALIZATION OF TRADE IN GOODS

At the backdrop of the 72nd United Nations General Assembly, on 21st September 2017 in the Conference Room of the African Union Permanent Mission in New York (USA), AU Ministers of Trade and Industry from Djibouti, Ethiopia, Madagascar, Malawi, Sudan, Zambia and Zimbabwe held Informal Consultations on the matter of reservations made on the CFTA Modalities on liberalization of Trade in Goods. The meeting was chaired by H.E. Dr.Okechukwu E. Enelamah, Minister for Trade and Industry of the Federal Republic of Nigeria and Chairman of the African Union Ministers responsible for Trade.