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World Trade Organization (WTO) meeting: Chance for Africa to drive world trade

Published on March 03, 2015

In his message titled ‘The WTO at 20’, director general Roberto Azevedo noted that “over the years, the WTO has helped to boost the trade growth, resolve numerous trade disputes and support developing countries to integrate into the trading system…”

However, African industries need to add value to most of the primary produce. Adding value includes, and is not limited to, packaging and labelling products, quality and standards, and safe, environmental – conscious products.

Firms in Africa nonetheless face high production costs due to poor social and physical infrastructure, including power shortages, lack of access to credit and skilled labour, among others.

Read more. Source | www.myGov.go.ke