EABC's Kalisa on the role of private sector in AfCFTA implementation

Representatives from various African regional economic blocks recently gathered in Kigali for a joint forum to review the progress of implementing the African Continental Free Trade Area Agreement. During the forum, John Bosco Kalisa, the CEO of East Africa Business Council, shared insights on the importance of Kigali and the role of the private sector in the implementation process. Kigali, known for its progressive trading requirements, serves as a model for other countries to emulate in enhancing trade practices. Kalisa highlighted the significance of collaboration among countries to ensure mutual support in understanding trade instruments. The essence of the agreement lies in the need for unity and collective progress. The EABC's efforts in supporting member states, such as the Republic of South Sudan, exemplify the commitment to fostering regional trade cooperation. Additionally, Kalisa addressed the impact of the Ukraine and Russia conflict on the region's food security. He emphasized the need for resilience-building in light of external shocks like conflicts, COVID-19, and climate change. The region's potential in agricultural production underscores the importance of reducing dependence on imports and enhancing intra-regional trade. Kalisa outlined action plans focused on developing regional value chains, improving competitiveness, and eliminating trade barriers to boost internal trade growth. The conversation shifted to the practicality of self-sufficiency and the rules of international trade. Kalisa clarified that the AfCFTA aligns with World Trade Organization principles and aims to strengthen regional economic communities. The agreement offers opportunities for industrialization, promoting intra-African trade, and attracting investments. Kalisa advocated for the consolidation of fragmented regional economic blocks to leverage the continent's market potential and enhance industrial growth. Despite past calls for a united continent, Kalisa highlighted the progress made under the AfCFTA, with East Africa demonstrating significant trade advancements post-COVID-19. The region's economic growth and integration efforts are evident in various sectors, such as tourism and manufacturing. Kalisa emphasized the ongoing integration process as people-centered and market-driven, promoting seamless movement of goods and people across borders. While challenges persist, Kalisa urged for continued momentum towards deeper collaboration and accelerated implementation to fully realize the benefits of the AfCFTA.