Thursday, June 5, 2008

Kagame calls for more efficiency in regional trade at Arusha summit

President Paul Kagame and Ambassador Andrew Young, one of the organizers of the Sullivan Summit taking place in Arusha, Tanzania.

ARUSHA - President Paul Kagame has repeated his call for more efficient regional blocks as an effective measure for Africa to increase domestic investment and spur economic growth and development on the continent. The President first called for cross border reforms in customs operations in a speech he presented to the Commonwealth Heads of State’s meeting in Kampala in November 2007. Speaking to a packed hall Wednesday at the ongoing 8th edition of the Leon H. Sullivan summit in Arusha’s International Conference Centre (AICC), Kagame emphasized that only more investment and efficiency of regional integration will ensure Africa’s escape from poverty.
He said that the absence of regional economic infrastructure is a major hindrance to Africa’s growth and social economic transformation.
Kagame lamented the unnecessary administrative bureaucracy which makes doing business in Africa very difficult.for more :
http://www.newtimes.co.rw/index.php?issue=13552&article=6878

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