Buhari signs instrument for African Trade Insurance Agency

t for the establishment of the African Trade Insurance Agency.

Shehu disclosed this in a statement titled “President Buhari signs instrument to enable African Trade Insurance Agency.” The statement read, “The agency when executed will acknowledge previous multilateral efforts made by African states towards regional economic integration through co-operation in trade liberalisation and development so as to attain sustainable growth, promote economic activity and create an enabling environment for foreign trade, as well as cross-border and domestic investments.

“Recalling the economic objectives and aims of the African Union, there are several African treaties on regional economic integration, including the Treaty Establishing the Common Market for Eastern and Southern Africa, the Treaty Establishing the Southern African Development Community and the Treaty Establishing the Economic Community of West African States.

“The ratification was adopted at Grand Bay in the Republic of Mauritius on the Eighteenth Day of May, 2000.

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