sisi to open comesaeacsadc tripartite summit
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Sisi to open COMESA-EAC-SADC Tripartite Summit

Arab Today, arab today

Arab Today, arab today Sisi to open COMESA-EAC-SADC Tripartite Summit

President Abdel Fattah al-Sisi
Sharm El-Sheikh - MENA

President Abdel Fattah El Sisi is scheduled to inaugurate on Wednesday the third COMESA-EAC-SADC Tripartite Summit.

Leaders of 25 African states - which are members in the three African blocs - will take part in the event, but Libya will not attend.

The summit will start with Egypt's national anthem, then COMESA Secretary General Sindiso Ngwenya, the Chair of the Tripartite Task Force, will deliver a speech.

President Sisi will then deliver a speech that will be followed by speeches of President of the World Bank Group Jim Yong Kim and Secretary General of the United Nations Conference on Trade and Development (UNCTAD) Mukhisa Kituyi.

Senior officials ministers involved in the negotiations will meet prior to the summit to work on the reports that will be presented to the heads of state for consideration. These will include the report on the Third Meeting of the
Tripartite Council of Ministers and the Tripartite Free Trade Area Agreement, the Declaration Launching Phase II Negotiations for the Tripartite Free Trade Area and Roadmap.

During the summit, African leaders will sign the Sharm el Sheikh declaration and the Tripartite Free Trade Area Agreement (FTA).

The Tripartite FTA encompassing the 25 member states from the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC) and the Southern African Development Community (SADC), with a combined population of 625 million people and a Gross Domestic Product (GDP) of USD 1.2 trillion, will account for half of the membership of the African Union and 58% of the continent’s GDP.

The Tripartite FTA popularly known as the Grand Free Trade Area, will be the largest economic bloc on the continent and the launching pad for the establishment of the Continental Free Trade Area (CFTA) in 2017.

The launching of the Tripartite Free Trade Area is the first phase of implementing a developmental regional integration strategy that places high priority on infrastructure development, industrialization and free movement of business persons.

The Tripartite FTA offers significant opportunities for business and investment within the Tripartite and will act as a magnet for attracting foreign direct investment into the Tripartite region. The business community, in particular, will benefit from an improved and harmonized trade regime which reduces the cost of doing business as a result of elimination of overlapping trade regimes due to multiple memberships.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sisi to open comesaeacsadc tripartite summit sisi to open comesaeacsadc tripartite summit

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sisi to open comesaeacsadc tripartite summit sisi to open comesaeacsadc tripartite summit

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday