Ethiopia’s Prime Minister, Abiy Ahmed, has confirmed the government’s preparedness to ratify the African Continental Free Trade Area (AfCFTA) deal and deposit its instruments to the African Union.
The Prime Minister, while confirming this, maintained that Ethiopia was ready to follow the move by Ghana and Kenya – who became the first countries to submit their documents to the AU. last week. Ethiopia might be the third country after Ghana and Kenya to ratify the AfCFTA, which has been described by many as a historical deal by the African Union, aimed at boosting intra-Africa trade.
The Prime Minister also lauded and described the deal as key to the continent’s development through creation of employment for its citizens. Ensuring diversification and the collective well-being of especially women and the youth.
Abiy was speaking during an event organized by the United Nations Economic Commission for Africa (ECA). The Addis Ababa based commission is holding its 51st Session of Conference of African Ministers of Finance, Planning and Economic Development. It forms part of wider consultations on the historic deal that was signed by presidents and government leaders in Kigali, Rwanda.