Singapore and AfCFTA strengthen ties to boost digital trade and capacity building
Date: 2024-07-31
The Minister
of State for Trade & Industry, Culture, Community & Youth, Alvin Tan has
met with AfCFTA Secretary General, Wamkele Mene to discuss strategic
partnerships between Singapore and the African Continental Free Trade Area. The
meeting highlighted the importance of capacity building, digital trade, and
sustainable economic growth.
Singapore
has been actively supporting African officials through its cooperation
programme, providing training on trade negotiations and other essential skills.
The discussions explored opportunities for further collaboration, including
expanding capacity building initiatives and joint efforts in digital trade and
the green economy.
The
AfCFTA's Digital Trade Protocol and Singapore's Digital Economy Agreements aim
to create a seamless and inclusive digital economy landscape. By working
together, both parties can leverage each other's strengths to drive economic
growth, foster innovation, and promote sustainable development.
As
the world's largest free trade area, the AfCFTA is poised to unlock new
opportunities, and Singapore's expertise in digital trade and sustainable
economic growth will be invaluable in achieving this goal.
By: Nana Appiah Acquaye
