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He noted that indeed the AfCFTA Secretariat has a lot to gain from establishing formal ties with its sister organization (APRM Continental Secretariat) through this MoU. “The APRM has been in place for nearly two decades, and I understand and hope I am right, that the host country of the AfCFTA Secretariat, Ghana – which was the first county to undergo an APRM, assisted in several ways to shape the rules of the APRM. In the same way, Ghana has been actively supporting the establishment of the AfCFTA Secretariat as a solid African institution,” he said.
H.E. further informed the gathering that the purpose of the MoU is to collaborate on the implementation of the respective mandates of both Parties, including harmonizing efforts in line with policies and practices that conform with the agreed political, economic, and corporate governance values, codes, and standards, and to achieve mutually agreed objectives. The following are some of the projects that the two parties agreed to collaborate on;
H.E. Further highlighted that the two institutions will carry out tasks described in the MoU through modalities that would enable optimal delivery, such as:
In his remarks, H.E. Prof. Eddy MALOKA expressed his appreciation to the office of the Secretary General and Chief of Staff for the warm welcome extended to him and his team during the MoU signing event, in a spirit of supporting each other for each party to achieve its core mandate.
He noted that the success of this collaboration especially the development of the M&E tool and other activities requires wide consultations with the AfCFTA State parties, APRM Structures and Member States. The aim is to create ownership and inclusivity thus, not to leave anyone behind.
H.E. concluded his remarks by reiterating the constant availability of the APRM and her total commitment to support the AfCFTA secretariat by availing her tools, processes, and structures to monitor and evaluate efforts made by AfCFTA State parties implementing the agreement.