Strengthening Capacity for Trade Negotiations and Trade Policy Development within COMESA
Project Name:Strengthening Capacity for Trade Negotiations and Trade Policy Development within COMESAInstitution :Common Market for Eastern and Southern AfricaProject Region :Eastern & Southern AfricaCountry :ZambiaStatus :ActivePhase :IGrant Number :98Grant Amount (USD):1 500 000Approval Date:May 2002Commitment Date:2002Closing Date:2007Phase :IIGrant Number:280Grant Amount (USD):3 000 000Commitment Date:2013Closing Date:2017Introduction:
The Common Market for Eastern and Southern Africa (COMESA) was established in 1994 to replace the Preferential Trade Area for Eastern and Southern African States (PTA). COMESA launched the Free Trade Area (FTA) on October 31, 2000 and plans to achieve full Economic Community in 2025. On the 9th of May 2002, the Executive Board approved a grant of US$ 1.5 million to COMESA to help address the lack of institutional and human capacity in the areas of trade negotiations, trade policy formulation, customs union policy issues and private sector as well as civil society participation in trade policy and regional integration issues. A second phase grant was approved for USD 3 million.Project Description:
The main goal of Strengthening Capacity for Trade Negotiations ad Trade Policy Development within COMESA is to foster regional integration among its members as well as their integration into the global economy.