The Comprehensive Trade Facilitation Program (CTFP) draft for the Southern Africa Development Community was prepared by the Southern Africa Trade Hub and delivered to the SADC Trade, Industry, Finance and Investment (TIFI) Directorate.
The draft is the culmination of research, analysis, design, and development activities and has been submitted to SADC for their review and comment before distribution to member states.Driven by SADC’s agenda for economic integration, the requirements of the WTO TFA, and other legal instruments related to trade facilitation, the CTFP is SADC-specific and addresses regional and member states’ issues.
The program takes a holistic approach to trade facilitation, building on SADC’s thematic initiatives. The program’s 24 activities are clustered around four pillars—transparency, predictability, simplification, and cooperation. As the owners of the CTFP, SADC and member states will be responsible for achieving program goals and for ensuring the high-level commitment of government and the private sector necessary to reach those goals.
The SA Trade Hub is scheduled to meet with the TIFI (Trade, Industry, Finance and Investment) Director and representatives from the SADC Secretariat on March 16 to discuss the comments, suggestions, and requirements emanating from the review of the first draft. During the meeting the Trade Hub will make a short presentation on the CTFP and consider the next steps towards SADC approval and adoption of the trade facilitation program.