Tuesday, 20 March 2012

Symposium on W/African common industrial policy to hold in Lome

Lagos, Nigeria (PANA) - A three-day regional symposium on the West Africa Common Industrial Policy (WACIP) is to take place in Lome, Togo, from 28 – 30 March, with the aim of mobilizing national and Community stakeholders towards effective implementation of the policy objectives in the region, ECOWAS indicated here Tuesday in a press statement.

In the press statement, received by PANA Tuesday, ECOWAS said the symposium would be held in two sessions, the first for experts from the public, private sectors and other stakeholders, while the second session, on 30 March, would involve ministers in charge of Industry in the region.

The objectives of the meeting are to inform and train national and Community actors as well as representatives of the private sector and the media on the WACIP content, especially the policy’s 10 regional programmes, and securing from ECOWAS Member States, guidelines on the roadmap for WACIP implementation.

Participants will also discuss the ECOWAS Commission’s actions on WACIP aimed at reinforcing sustainable socio-economic development in West Africa and regional integration; ways of promoting exchanges and emphasizing the role of various stakeholders in mobilization around WACIP and its implementation.

Another objective of the symposium is to mobilize the support of regional banks and development institutions as well as technical and financial partners, for the implementation of WACIP and funding of regional programmes.

The symposium will also provide the opportunity for presentations and discussions on WACIP-related themes on which the ECOWAS Commission is taking actions with national and Community stakeholders.

These include the reinforcement of access of manufactured goods from ECOWAS to markets, the ECOWAS agri-business initiative, ECOWAS Trade Liberalization Scheme, harmonization of business laws and development of a common ECOWAS Regional Investment Code as well as the Common External Tariff and the ECOWAS Free Trade.

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