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Amaechi seeks better sub-regional corporation to boost African economy

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Minister of Transport, Rotimi Amaechi

THE Minister of Transportation, Rotimi Amaechi, has asked the Union of African Shippers Council (UASC) to proffer solutions to the many barriers that are hindering the smooth flow of Trade among African countries.

Amaechi on Tuesday in Abuja Declared open a 2-day Sub-Regional Workshop and Joint Standing Committee Meeting of the Union of African Shippers’ Council (UASC) with the theme: “Port Concession in West and Central Africa: Impact on Economies of Member States.”

The Minister stressed the fact that high freight rates, arbitrary imposition of surcharges remain key issues which amount to trade barrier hindering the development of international trade in West and Central Africa. He noted that it requires collective responsibility to proffer lasting solutions to tackling these arbitrary and unjustifiable costs.

Amaechi in a keynote address urged the participants to thoroughly and expeditiously examined and evaluate the performance and impact of port concessions on the economies of the sub-region, implementation of World Trade Organization (WTO), Trade Facilitation Agreement (TFA)/Issues relating to port operations as well as Sea-link project which are key to the effective realization of the sub-regionals maritime goals.

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He further called on the participants to “thoroughly look at the issues of great importance that would be raised at this workshop with a view to advising governments of the member States on appropriate regulations and policy to realizing the laudable goals of the sub-regional Maritime industry”.

The Minister noted further that Government of Nigeria has made remarkable progress in the development of trade support infrastructures such as railways, roads as well as the establishment of Inland Dry Ports and Truck Transit Parks in several locations across Nigeria in order to bring shipping closer to service users in the hinterland.

He noted that President Muhammadu Buhari in January 2018 commissioned Kaduna Inland Dry Port as Port of Origin and Destination and is now operational stressing that Shippers in the North-West Geopolitical Zone are already using it for their trade needs. He called on landlocked Countries to take advantage of the Kaduna Dry Port which is targeted at providing services to these landlocked countries for the carriage of transit goods through Nigeria Seaports.

Earlier, in his welcome address, the Chairman of the Governing Council of the Nigerian Shippers’ Council, Alhaji Mai Mala Buni stated that the workshop marks an important milestone for the Union of African Shippers’ Councils (UASC) in the pursuit of effective and efficient trade and transportation for sustainable economic development in the sub-region.

He stressed that the UASC Joint Committee Meeting at the workshop would be a veritable platform for developing strategies for the negotiation of freight rates and other conditions of shipment of goods carried by sea.

Buni enjoined participants to arrive at far-reaching resolutions that will be adopted on how to enhance efficiency at ports and maximize full benefits of port concession by taking advantage of the enormous potentials of the regional maritime industry.

The post Amaechi seeks better sub-regional corporation to boost African economy appeared first on Tribune.

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