Monday, October 28, 2013

Ghana, 2 Others Adopt Common Position On CET

Saturday, October 26, 2013

From Edmund Mingle, Dakar, Senegal.

Ghana, Nigeria and Cote d'Ivoire have adopted a common position on the ECOWAS Common External Tariff (CET), as the Extraordinary Summit of Heads of State and Governments of ECOWAS opened in Dakar, Senegal yesterday.

Vice President Amissah-Arthur in a chat with Nigeria's
Finance Minister Ngozi Okonjo-Iweala in Dakar, Senegal
on the sidelines the ECOWAS meeting
The three countries rooted for the operationalisation of a CET that would not be inimical to the growth of economies, but facilitate regional integration and promote the growth of industries.

In addition, the three want the summit to adopt adequate protective measures for industrial products in protocols proposed in the CET and Economic Partnership Agreement (EPA) with the European Union.


Details of the common position, which was reached between Ghana's delegation to the summit, led by Vice President Kwesi Amissah-Arthur, and the delegations of the two other countries in separate closed door meetings before the start of the summit, was not disclosed to journalists.

The CET aims at establishing a common tariff regime for products that are trade among the 15 West African countries to achieve a harmonised import and export duty system.

Vice President Amissah-Arthur at the meeting with the Nigerian delegation led by Finance Minister, Mrs. Ngozi Okonjo-Iweala, indicated Ghana’s commitment to ensure that the CET and EPA fully benefited the sub-region.
He was hopeful that the outstanding issues regarding the CET, which forms the basis for the EPA negotiations, would be settled at the summit.
Although there were no details, Haruna Iddrisu, Minister of Trade and Industry, told journalists that “we are optimistic other countries would buy into our proposals for the entire Summit to adopt it.”

Later at the opening session of the Summit, Alassane Quattara, ECOWAS Chairman and President of Cote d’Ivoire, described the meeting as critical in the to the economic development of the sub-region.
“We will be taking a decisive step in the life of ECOWAS,” he said.

He expressed confidence in the individual and collective determination of the group to address the economic challenges facing the sub-region, saying the high level of participation in the summit was indicative of that commitment.

Touching on the agenda for the summit, he said the decisions that would be taken on the CET, EPA and Community Levy, would be “laying the foundation for shared prosperity.”

Their countries believe in the CET
“We need to harmonise our various positions so as to improve our competitiveness for the benefit of the sub-region,” he urged the member countries.

Kadre Desire Quadraogo, President of ECOWAS Commission, in his report, touched on the recent terrorist attack on the Westgate Mall in Kenya where 67 people died, and particularly paid tribute to Prof. Kofi Awoonor, former Chairman of Ghana’s Council of State, and also expressed condolence to the government and people of Ghana over the loss.

He said the attack was a reminder of the lurking threat of terrorism in Africa, and the need for leaders to work together to fight the menace.

The presidents, who Vice President Amissah-Arthur joined for the summit, included Alassane Quattara of Cote d'Ivoire, Ibrahim Boubacar Keita of Mali, Mamadou Issoufou of Niger, Thomas Yayi Boni of Benin and Macky Sall of Senegal.

ECOWAS is the sub-regional grouping of Benin, Burkina Faso, Cape Verde, Cote d'Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.

END

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