ITC and UNIDO will jointly be involved in harmonizing, formulating and monitoring regional policy and framework to improve industrial competitiveness among West African countries.
They will focus on:
- Promoting Foreign Direct Investment partnership agreements counterparts in the South such as India, Brazil, and North with EU countries that foster increased advanced technology and know-how transfer
- Developing an ECOWAS Business Council around existing ECOWAS structures, operationalize it, connect it to the African Business Council and use it as a vehicle to attract investment and value chains into the region
- Establishing and promoting a Trade Obstacle Alert Mechanism
- Supporting ECOWAS/UEMOA to operationalize the regional industrial/private sector strategy through the elaboration of regional directives on key value chains of regional and national interest, and implementation of regional investment and competition policies and regulations
- Supporting the Implementation of the ECOWAS MSME Strategy and MSME Charter;
- Establishment of a regional PPP network and online platform
- Identifying and setting up in the areas of trade promotion and market access, of management tools, supervision, coordination, networking, sharing of expertise/experiences and evaluation mechanisms, etc
- Identifying and setting up, in the areas of quality promotion, of management tools, supervision, coordination, networking, sharing of expertise/experiences and evaluation mechanisms
Implemented by:
