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  • ***The second meeting of the Technical Working Group on trade in goods made significant progress on its preparation for a draft schedule of tariff concessions for trade in goods. The Tariff meeting chaired by the Chief Trade Negotiator, Ambassador Osakwe was attended by the chairman of the Nigeria Tariff Technical Committee (TTC) and Private Sector Stakeholders. *** Nigeria Coalition of Services Launched *** Nigeria Services Operators and Regulators resolve to rebalance stakeholders Contributions on the Nigeria Economy, reflecting services as accounting for 55% of Nigeria’s GDP *** NOTN launches Independent Study Report on The Potential Benefits of the African Continental Free Trade Area on Nigeria. The report was compiled by a consortium of academics and research institutions *** AfCFTA News: Inputs autonomously decided and submitted by 11 Private Sector Stakeholders, can now be found on the AfCFTA Section of the NOTN website. Inputs are from: Association of Women Entrepreneurs (AWEP); National Association of Chambers of Commerce, Industry Mines and Agriculture (NACCIMMA); Federation of South-South Chambers of Commerce Industry Mines and Agriculture (Fossccima); Nigerian Association of Small and Medium Enterprises (NASMEs); Nigerian Agri-Business Group (NABG); Manufacturers Association of Nigeria (MAN); Digital Economy (Jumia); Nigerian Stock Exchange (NSE); Nigerian Economic Summit Group (NESG); Nigerian Institute of Advanced Legal Studies (NIALS); and Nigerian Proforce Defence Company ***

“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.