The Commonwealth Secretary-General, Shirley Ayorkor Botchwey, has called on the organization’s 56 member states to reduce trade barriers in pursuit of achieving $2 trillion in intra-Commonwealth trade by 2030. The announcement came during the opening of the first-ever Commonwealth Business Summit (CBS) in Windhoek, Namibia.
The three-day event, jointly organized by the Commonwealth Secretariat and Namibian government, runs alongside the Commonwealth Trade Ministers Meeting (CTMM). The dual gatherings aim to accelerate member states’ industrialization efforts and expand consumer markets across the Commonwealth.
Namibia’s Minister of International Relations and Trade, Selma Ashipala-Musavyi, emphasized the importance of collaboration in addressing trade tariffs and identifying new growth opportunities. Samoa’s Prime Minister Fiame Naomi Mataafa highlighted the Commonwealth’s unique position to unlock trade and investment opportunities while strengthening public-private partnerships, noting the challenges posed by growing global conflicts and crises.
Read the original article here: https://www.aa.com.tr/en/africa/commonwealth-chief-asks-members-to-ease-barriers-for-bloc-to-achieve-2t-intra-trade-target-by-2030/3603551