A technical workshop held recently in Ghana under the Improved and Facilitated Trade in West Africa Project was co-hosted by the Economic Community of West African States (ECOWAS) and the World Bank Group.
The primary objective of the project is to overcome transit challenges in key trade routes across West Africa.
The technical workshop, which was held June 7-8, hosted 40 participants. This included ECOWAS delegates and representatives from the West Africa Economic Monetary Union Commissions, the European Union, the World Bank Group and stakeholders from the public and private sectors with interest in the three main trade routes in Benin, Burkina Faso, Cote d’Ivoire, Niger and Ghana.
The Improved and Facilitated Trade in West Africa Project is an initiative launched in November 2014 and meant to span four years. The project, which cost $3.96 million, is seeking to aid ECOWAS in its endeavor to improve trade in the West African region, as well as see to the improvement of transit trade along major trade routes in the region. The emphasis of the project is to reduce the amount of time and the cost of trade while increasing the cooperation and coordination of the border agency.