(Togo First) – During its latest council of ministers on June 27, the Togolese government assessed and adopted a decree on the establishment, powers, composition, and operation of a national council for trade agreements (CNAC). The CNAC will be responsible for coordinating, monitoring, and evaluating the implementation of trade agreements involving Togo.
This entity “will ensure a significant participation of the structures involved, to achieve the effective implementation of trade agreements signed by Togo,” reads the council’s statement. It aims to ensure that the country can “take full advantage of all the opportunities offered by the agreements and their protocols” in which it is involved.
The CNAC is announced as Togo seeks investors and external trade opportunities, and gets more engaged in new areas of trade cooperation, via bilateral (with Israel, Brazil, or Turkey), regional, multilateral or continental (like the African Continental Free Trade Area (Zlecaf) relations and agreements.
Source: africanewsweb.com