Business
ECOWAS Set To Formulate Trade Policy
The Economic Community of West African States (ECOWAS) is set to formulate a trade policy for its member states.
The Focal Point Officer of the Ministry of Trade and Investment, Rufai Mohammed, disclosed this in Abuja on Friday, while speaking on the report of a recent ECOWAS trade policy workshop.
He said that a two-day “Consultative Workshop by Stakeholders on National Options for the Formulation of ECOWAS Quality Policy (ECOQP)” was recently held in Abuja to facilitate trade in the sub-region.
According to Mohammed, the policy reflects the need to provide an essential foundation for the harmonisation and development of National Quality Policies for the ECOWAS states.
“The Quality Policy for the ECOWAS Region is to strengthen the Regional Quality Infrastructure to achieve accelerated economic growth, export enhancement and ensure supply of safe and quality products in the market at competitive prices.
“The policy contributes towards protecting the environment and protecting the rights of the consumer through development of effective regulating mechanism, product certification and other conformity schemes.”
He said that the workshop was to collect and follow wide consultation among stakeholders, and the national orientation of each member state on the different topics relating to quality policy.
Mohammed, who works with the Weight and Measures Department of the ministry, said that thematic areas like standard, technical regulations, conformity assessment, accreditation and metrology were discussed.
ECOWAS had already formed the West Africa Common Industrial Policy (WACIP) to enhance sustainable industrial development and become a significant player in the globalisation process.
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