Support to Regional Economic Integration and Trade
04/01/2019 - 20:23
The objective of this project is to contribute to the establishment of an effective common market and the gradual integration of the West Africa region into the global economy, leading to increased economic growth and poverty reduction.
Main results to date:
15 member countries now applying the ETLS scheme;
14 ECOWAS countries implementing CET. With the Exception of Cape Verde, all ECOWAS countries have been applying the CET since February 2017;
CET trainings in Member States conducted and national sensitization workshops conducted for target stakeholders (Media, Civil Society Organisations, Parliamentarians and Private sector – importers and exporters) in 15 ECOWAS Member states;
Six ECOWAS countries selected as pilot for the project, Benin, Burkina Faso, Côte d’Ivoire, Ghana, Liberia and Niger and key stakeholders identified;
Three trade corridors benefitting from the Trade Facilitation project viz: Tema (Ghana)– Ouagadougou (Burkina Faso); Abidjan (Côte d’Ivoire)–Ouagadougou (Burkina Faso); and Cotonou (Benin)–Niamey (Niger);
Perception Survey of stakeholders along the corridor – traders (formal and informal), truck drivers, brokers, customs authorities, police, other authorities, etc. to identify key constraint to regional and cross border trade;
Validation of set of reform agenda to be implemented in Ghana and Côte d’Ivoire conducted.
Harmonisation of rules, programmes and activities related to regional trade and customs policies;
Support the formulation of a common trade policy (TP) and capacity building with regard to the implementation of the policies in Member States;
Support the implementation of the ECOWAS Trade Liberalisation Scheme (ETLS), the adoption and implementation of the West African or ECOWAS Common External Tariff (CET);
Support for trade facilitation (harmonisation, simplification and minimisation of customs procedures in priority sectors and countries).
Source of funds: 10th EDF (CRIS ref: 2013 / 024-212)