ECA supports Sisi's call for achieving Arab-African integration
Saturday، 23 March 2019 - 01:32 PM
The United Nations Economic Commission for Africa (ECA) voiced its support to President Abdel Fattah El Sisi's call for setting up a common Arab-African market and funds to finance infrastructure projects in Africa.
The UN commission is currently working on implementing Sisi's call in reality, Director of the United Nations Economic Commission for Africa (UNECA) Office for North Africa Lilia Hachem Naas told MENA on Friday on the fringe of the 52nd Session of the Economic Commission for Africa and Conference of African Ministers of Finance, Planning and Economic Development, held in Marrakesh in Morocco.
The African economic growth rate declined to reach 3.2 percent this year while the North Africa region was the second largest growth region in the continent with a growth rate between 4.7 and 5 percent, Naas noted.
There are endeavors to overcome the obstacles which hinder increasing the volume of trade exchange between North Africa countries, she stated.
The UN commission encourages developing the blue economy in the African continent, Naas said, pointing out ECA is conducting studies on benefiting from opportunities offered by this kind of economy.