African Trade Accord Hugely Significant For Continent - UN Small Business Group Head

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African Trade Accord Hugely Significant For Continent - UN Small Business Group Head allafrica: Africa

Pamela Coke-Hamilton, who began her career in Jamaica’s foreign ministry and now heads the ITC, recently met journalists at the centre’s base in Geneva, where she spoke about “strategic re-globalization” as a major trend.was established in 2018, and by 2023 all 54 members of the African Union had signed it, making it the largest free-trade area after the World Trade Organization judged by the number of its member states.

She said the disruption of supply channels and a recognition that dependence on China is immense has led to the world looking for “near-shoring” and new supply routes.The ITC has a joint mandate with the WTO and the United Nations through the UN Conference on Trade and Development, and much of its work focuses on Africa.

 

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