http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.01Change: 0.00
R/$ = 10.67Change: -0.04
Au 1287.51 $/ozChange: 0.01
Pt 1424.50 $/ozChange: -1.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Apr 09, 2009

North-South Corridor project ‘perfect’ example of aid for trade – Lamy

Back
Dar Es Salaam|London|Port|Africa|Flow|Ports|PROJECT|Africa|Botswana|Congo|Kenya|Malawi|Mozambique|South Africa|Tanzania|Uganda|Zambia|Zimbabwe|Port Of Dar Es Salaam|Flow|Kgalema Motlanthe|Mwai Kibaki|Pascal Lamy|Rupiah Banda|Yoweri Museveni
Port|Africa|Flow|Ports|PROJECT|Africa|Kenya|Tanzania|Zambia|||Flow|
dar-es-salaam|london|port|africa-company|flow-company|ports|project|africa|botswana|congo|kenya|malawi|mozambique|south-africa|tanzania|uganda|zambia|zimbabwe|port-of-dar-es-salaam|flow-industry-term|kgalema-motlanthe|mwai-kibaki|pascal-lamy|rupiah-banda|yoweri-museveni
© Reuse this



World Trade Organisation (WTO) director-general Pascal Lamy has hailed Africa’s North-South Corridor project as a “perfect” example of ‘aid for trade’, demonstrating African leaders’ focus on ensuring that opening trade remains top of the political agenda.

Speaking at the North-South Corridor Pilot Aid for Trade Conference in Zambia, Lamy said the project was an example of “how to put together all the elements necessary for trade to flow, creating the conditions necessary for the private sector to diversify from exporting a narrow range of raw material and add more value”.   

He said the presence of the four African presidents at the conference, namely Zambian President Rupiah Banda, Kenyan President Mwai Kibaki, South African President Kgalema Motlanthe, and Ugandan President Yoweri Museveni, showed political commitment.

“It says to the world that you, the Presidents, know that problems will arise, but that you are ready to step in and act in this situation,” reiterated Lamy.

The North-South Corridor comprises the Dar es Salaam Corridor, linking the port of Dar es Salaam in Tanzania with the Copperbelt of Zambia, and the corridor linking the Copperbelt to the southern ports in South Africa. The North-South Corridor, together with its adjacent spurs, services eight countries – Tanzania, the Democratic Republic of the Congo, Zambia, Malawi, Botswana, Zimbabwe, Mozambique and South Africa.

“This conference is a first occasion after the G20 meeting to show that the commitments made in London are translating into reality at a time of economic crisis. It demonstrates a resolve to avoid the temptation of short-term isolationist reflexes, and instead focus on investing in the future by ensuring that opening trade remains top of the political agenda,” Lamy said.

He stated that as an organisation, the WTO was about trying to level the playing field of trade rules, making trade possible. “But making trade possible is one thing; making it happen is quite another. We know that for numerous WTO members, making trade happen requires addressing a range of supply-side constraints.”

Crucial to this effort is the impetus given to regional integration through the East Africa Community; the Common Market for East and Southern Africa; and the Southern African Development Community. This is essential for Africa given the low rate of intra-region trade, Lamy argued.

“This places huge vulnerability on the continent and means that when crisis hits the major markets, Africa suffers more than others. Trading more amongst yourselves is an insurance policy in time of crisis,” Lamy stressed.

“The North-South Corridor is a work in progress. Difficulties will be encountered as you bump into roadblocks and encounter bottlenecks on the way,” he concluded.

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
The pump prices of both grades of petrol and wholesale diesel, as well as the maximum retail prices of illuminating paraffin and liquefied petroleum gas (LPG), are set to decrease from September 3, the Department of Energy said on Friday. Petrol would drop by 67c/l,...
The amount owed to municipalities for services has continued to rise, reaching R94-billion by June, compared with the R93.3-billion recorded in December. Households still accounted for the bulk of the aggregate municipal consumer debts; however, this had declined...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks