Published on 2023-07-23
Policy analysis, Trade, ECOWAS, Investment
Trade blocs play a pivotal role in promoting economic integration and cooperation among countries, fostering regional growth and prosperity. In West Africa, ECOWAS Commission stands as a key trade bloc, aiming to facilitate the movement of goods and boost intra-regional trade. However, despite its potential, there are still significant challenges that need to be addressed.
The report evaluates the movement of goods across West Africa, identified trade disputes and challenges, discusses ECOWAS' policies, discusses the current state of infrastructure in the region, and highlights trade support mechanisms for SMEs and enterprises.
Our findings underscore the urgent need to reduce non-tariff barriers, synchronise the customs union, review trade and investment policies for implementation, and strengthen institutions to unleash the full potential of intra-regional trade.