Seychelles has hosted its second AfCFTA national workshop to advance the implementation of the AfCFTA agreement ratified in 2021. The workshop aims to draft a National AfCFTA Implementation Strategy, focusing on stakeholder engagement and collaboration to enhance Seychelles’ trade operations and economic integration within Africa.
Seychelles has recently convened its second national workshop focused on the African Continental Free Trade Area (AfCFTA) as part of its ongoing efforts to effectively implement the agreement ratified in 2021. This workshop is critical in developing Seychelles’ National AfCFTA Implementation Strategy, which emphasizes stakeholder participation to ensure inclusivity and sustainability. Participants will engage in reviewing a draft strategy aimed at enhancing Seychelles’ trade capabilities within the continental framework.
The African Continental Free Trade Area (AfCFTA) is a landmark agreement that seeks to establish a single market for goods and services across Africa, facilitating easier trade and investment among the member states. Since its ratification by Seychelles in 2021, the country has engaged in a series of workshops to develop a strategic framework for harnessing the potential benefits of the agreement, which emphasizes the importance of integrating local businesses into a larger market encompassing over 1.3 billion consumers.
In conclusion, Seychelles’ national workshop on the AfCFTA marks a significant step toward enhancing its trade engagement with the rest of Africa. Through the collaborative development of a comprehensive implementation strategy, Seychelles aims to capitalize on the economic opportunities presented by the AfCFTA, emphasizing the importance of increased industrialization and job creation for sustained growth.
Original Source: www.seychellesnewsagency.com
