Presentation is loading. Please wait.

Presentation is loading. Please wait.

Trade Facilitation Agenda & State of Implementation African Development Bank Group AfDB AU/EC Forum on Trade Facilitation Brussels, BELGIUM December 11-13,

Similar presentations


Presentation on theme: "Trade Facilitation Agenda & State of Implementation African Development Bank Group AfDB AU/EC Forum on Trade Facilitation Brussels, BELGIUM December 11-13,"— Presentation transcript:

1 Trade Facilitation Agenda & State of Implementation African Development Bank Group AfDB AU/EC Forum on Trade Facilitation Brussels, BELGIUM December 11-13, 2012 December 11,

2 Whats the AfDB Group? Selected Fast Facts Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade2 African Development Bank (ADB) African Development Fund (ADF) Nigeria Trust Fund (NTF) Est, member countries Authorized capital: US$ 101 billion Triple A rated by all major ratings agencies 0% risk weighting under Basel AfDB Sovereign Operations: 15 middle-income countries eligible for AfDB funding Concessional financing Est, 1972 Financed by 24 donors Subscription: US$ 34 billion 38 low income countries Replenished every 3 years (ADF12 has US$9.5 billion) Financially and legally independent from AfDB Blend Countries Established in 1976 Targeted at low- income countries Maturing in 2018 US$ 242 million

3 Quick Facts Contd… 31 field offices; 2 regional centres Increased operations, lead continental initiatives for increased regional integration e.g. PIDA Triple A rating enables Bank to leverage scarce resources Our work on Customs and Trade Facilitation is guided by the RIS, RISPs and TF Framework The Bank pursues strategic partnerships with key stakeholders Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade3

4 Pillar 1: Regional Infrastructure Formulation and review of strategic frameworks & Project Prioritisation Support to Development Corridors NEPAD-IPPF: Bring projects to bankable stage Investment Pillar 2: Institutional Capacity Building Rationalization of Regional Economic Communities (RECs) Strengthening of Regional and National Institutions Trade Facilitation and Capacity Building Areas of Strategic Partnerships and Cross-cutting Issues Aid for Trade Programme for Africa Regional Financial Infrastructure 4 How the Bank Supports Trade Facilitation: RIS Pillars and Cross Cutting Issues

5 How the Bank Supports TF….Contd Enhance Trade & Transport Facilitation (TTF): Pursue interventions that enhance the cross border free flow of trade along the transport corridors right from the ports of entry through regional infrastructure roads, railways etc., Guided by the principles of OWNERSHIP by Regional Member Countries, SELECTIVITY and DEVELOPMENT EFFECTIVENESS to only focus on TF projects and programmes with measurable and higher impact. Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade5

6 TTF Takes the Lions Share of the Banks Financing Approvals Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade6

7 What Areas do we Focus On? Behind the Border Collaborate with national institutions and RECs to address human capacity and institutional weaknesses. Support elimination of NTBs along transport & transit corridors At the Border Operational issues: support documentation and process harmonisation including STR Legal issues: Push for agreements/protocols. Weak Border Infrastructure: One Stop Border Posts After the Border Public policy issues: sudden shift in tariffs; Non Tariff Measures, i.e. support studies & workshops on Sanitary & Phytosanitary Standards, Non Tariff Barriers etc; Political & Commercial Risks: support for strengthening of RECs… mechanism Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade7

8 Selected Initiatives on TTF Programme for Infrastructure Development in Africa(PIDA): A blueprint of Africas infrastructure needs until the year 2040 (est. at US$360 Bn.) 51 projects have been identified as priorities under the PIDA Priority Action Plan (PAP) to be implemented between (24 PAP projects are transport related projects). PIDA also emphasizes that for these projects to be effective, regulations, processes and bottlenecks must be addressed This is where TRADE FACILITATION initiatives to tackle the Soft issues become imperative NEPAD-IPPF: Assist RMCs, RECs & related institutions A comprehensive portfolio of trade & transport facilitation projects is annexed in the 4 RISPS Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade8

9 Selected TTF Projects ( RISP Period) SOUTHERN AFRICA Kazungula Bridge Project (Zambia- Botswana, focus OSBP construction & operationalisation) Nacala Road Corridor: Feasibility studies on possible construction of OSBP at Malawi/Zambia & Mwi/Moz borders EASTERN AFRICA Arusha-Namanga-Athi River Corridor – OSBP operationalisation Enhancing knowledge in modern customs practices and revision of the Customs Management Act etc. Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade9

10 Selected Initiatives on TTF….Contd WEST AFRICA Lomé-Ouagadougou corridor road rehabilitation and transport project Trans-Gambia Road Bridge and Cross- Border Improvement Project– Study on OSBP design CENTRAL AFRICA Doussala (Gabon)- Doumblise Road project Kribi-Campo Road Project Congo-Cameroon Road Project NORTH AFRICA RISP currently being developed Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade10

11 Outcomes Customs Modernization and ReformsReduction in time for border crossing Reduced costs & enhanced competitiveness Increased volumes and values of cross border trade Improved Regional integration Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade11

12 Partnerships/Collaboration We seek seek to build & cement focused partnerships with key stakeholders Partnerships based on the Banks comparative advantage & overall strategic focus to deliver its work programme Examples of Partners: RECs (i)Continental level institutions (ii) Multilateral donors- EU etc (iii)International Institutions –UNDP (iv) Corridor Hubs (in West and Southern Africa) Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade12

13 Partnerships…Contd MOU with WCO Knowledge products and Capacity Building Design & implement Customs Modernization Action Plan(CMAP) AUC & ECA: Executing Agency for PIDA, an AUC-led programme Collaboration on Boosting Intra-African Trade Banks role: Identification of missing links in Africas transport, ICT & energy infrastructure Development of a prog. to fill missing links (NEPAD-IPPF has contributed to that) Collaboration through the AfDB, AUC, ECA Joint Secretariat Trade finance initiatives for Boosting Intra-African Trade Resource mobilisation for Africa under the Aid for Trade Initiative Joint capacity building Forums, e.g. recent TF Symposium for Africa Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade13

14 Addressing the Challenge of Resources Theres a recognized need to scale up investments to implement TF measures in order to reap the benefits (Matching commitment with recourses) CREATION OF AFRICA TRADE FUND (AFTRA): –Strengthening capacity of national and regional African institutions to effectively support trade facilitation and market access; and – Supporting increased trade competitiveness and performance among RMCs. CAD 15 million provided by Canada, in seed funding for 3-years AfDB intends to expand AfTra to $50Million by 2014, and ultimately make it the largest Fund for TF in Africa Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade14

15 AfTra Contd… Already generating enthusiasm among development partners that are ready to channel their resources through the Fund for utilisation in addressing Africas trade needs Significant optimism from African countries on potential impact of AfTra: Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade15 African countries welcomed creation of the Africa Trade Fund which will focus on trade-related capacity-building,…and urge donors to provide generous new funding for this important facility dedicated to meeting Africas needs Summary of Outcome by the Host Country, Kenya: Symposium For TF for Africa, Nairobi, Nov 2012

16 What Addition Funds Could Do for TF Supporting Customs Reforms and Modernization Supporting more projects on OSBP development (Africa has the greatest number of landlocked countries: 16) Capacity building for trade facilitation agencies Development of ICT infrastructure in TF Development of legal and regulatory tools to eliminate non-tariff barriers etc. Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade16

17 Key Messages/Lessons Learnt TF involves reforms: Therefore, requires political will to undertake reforms & implement protocols Partnerships are vital: TF requires cooperation and collaboration at various levels Knowledge products – ex ante and post construction evaluation essential (e.g. Trans-Gambia OSBP study) Need to matching ambition with resources: to improve both physical & soft infrastructure Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade Division17

18 THANK YOU Monday, February 17, 2014ONRI- NEPAD Regional Integration & Trade18


Download ppt "Trade Facilitation Agenda & State of Implementation African Development Bank Group AfDB AU/EC Forum on Trade Facilitation Brussels, BELGIUM December 11-13,"

Similar presentations


Ads by Google