Trade agreements can promote integrated economies and help reduce conflicts, according to a new report by the United Nations Economic Commission for Africa (UNECA).听According to the deputy Executive Secretary of听UNECA, Ms. Hanan Morsy, the successful implementation of the African Continental Free Trade Area (AfCFTA) is therefore critical.
Ms. Morsy revealed the findings of the UNECA-commissioned study on 鈥�Realizing the Triple Nexus and Trade: Towards A New Agenda for Africa,鈥�听which demonstrates that trade is relevant in countering fragility and promoting effective transitions from war to peace.
She was speaking at the opening of the Inaugural African Union Policy Conference on Promoting the 探花精选, Security, and Development Nexus, held on 25 - 27 October in Tangier, Morocco.
Convened by the听African Union Commission, the conference is billed by its co-organizers - the United Nations Economic Commission for Africa (UNECA), the African Development Bank (AfDB), the United Nations Development Programme (UNDP) and the African Export-Import Bank (Afreximbank), as a historic moment where the synergies between development, regional integration,听peace and security are being discussed in one room.
Ms. Morsy said UNECA鈥檚 analysis has provided the basis for informing the content, resource requirements and sequencing of corrective measures needed in conflict zones and disaster areas which, she hoped, would be discussed at AU Policy Conference over the next few days.
In his opening address, Moroccan Minister of Foreign Affairs, African Cooperation and Expatriates,听Mr. Nasser Bourita, underscored the different strategies to secure peace across the continent as a necessary condition for development.
In a pre-recorded message,听Ms. Amina Mohammed,听the Deputy Secretary-General of the United Nations,听urged participants reflect on practical measures to implement the development, humanitarian, peace-building nexus to deliver peace, security, and sustainable development everywhere in Africa.
鈥淭hat includes strengthening joint conflict analysis, enhancing conflict prevention mechanisms, ensuring the meaningful participation of women in peace processes, and implementing joint initiatives to support humanitarian and political dialogue and development programmes,鈥� she added.
In a speech read听on behalf the听president听of the听African Development Bank Group, Mr. Akinwumi Adesina, AfDB Vice-President for Finance and Chief Finance Officer, Ms. Hassatou N'SELE听stressed the need to mobilize scalable and flexible resources to address the root causes of insecurity, enhance the capacities of states, rebuild trust within communities, and rehabilitate infrastructure that is adversely impacted by insecurity.
African Union Commissioner for Economic Development, Trade, Tourism, Industry and Minerals,听Mr. Albert Muchanga听highlighted the critical role of economic integration in supporting Africa鈥檚 peace and security efforts.
Echoing the same sentiments, UNDP's听Assistant Administrator and Regional Director for Africa,听Ms.听Ahunna听Eziakonwa听also emphasized that regional integration plays a critical role as a driver for mobility, employment and social cohesion, particularly in cross-border areas.
The AU Policy Conference convened by the African Union Commission in partnership with the African Trade Policy Centre (ATPC) of ECA, AfDB, UNDP and Afreximbank brings together over 300 representatives from the AU, the Regional Economic Communities/Regional Mechanisms (RECs/RMs), governments, development partners, defence and finance, African academic and research institutions, non-governmental organizations, private sector players from around Africa for three days of in-person meeting in Tangier, Morocco, under the theme "Promoting the 探花精选, Security, and Development Nexus: The Promise of Regional Integration鈥�.
