"Tariff and non-tariff barriers thicken the wall that traps Africans in
economic poverty. Protectionism, tariffs and non-tariff barriers within
the continent encourage African markets to be oriented towards former
colonizers. The African Union ought to work towards facilitating
efficiency in movement of cash, goods and services into and out of the
continent. This will tackle such challenges as food insecurity, poor
healthcare, conflicts and further promote diversified economies arising
from competitive healthy trading amongst and between African nations.
Eliminating of unnecessary tariff and non-tariff barriers will make
African entrepreneurs relevant players in the global trade system.
External stakeholders in the transfer chain also stand to gain they
ensure that the process is easier, cheaper and secure, as this will
translate to more investment and business opportunities." — The African Executive, a pro-free-market website, on trade in the Motherland
2/6 Quote Of The Day: Africa
Posted by
Shay Riley
at
2/06/2013
Labels: Africa, Free Trade