Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Regional Cooperation topic
No spam. Unsubscribe anytime.
Presenter urges African producer countries to exercise agency, deepen regional value chains
Summary
The presenter told the Security Council that producer countries must demand better partnerships, implement the African Continental Free Trade Area, and build subregional processing hubs to capture more value from critical minerals.
The Presenter told the Council that producer countries "must exercise agency" and asked what governments need to do to become better partners and more self-reliant. He warned against depending on external actors to police supply chains and urged African countries to work together to build regional processing hubs and payment systems.
Citing the Lobito Corridor project and Afreximbank's trade report, the Presenter said coordinated investments in infrastructure and finance could help reverse Africa's pattern of exporting raw materials and importing finished goods. He said full implementation of the African Continental Free Trade Area would be vital to expand regional markets and common standards.
