AES: Trade growth at the heart of discussions between experts in the field
Trade exchanges are at the heart of discussions among industry, trade, and transport experts from the member nations of the Alliance of Sahel States (AES). Gathered to evaluate progress and challenges related to sub-regional integration, these experts emphasized the importance of improving trade flows to stimulate economic growth and sustainable development in the region.
The meeting highlighted the opportunities presented by better coordination of industrial and trade policies, as well as the optimization of transport infrastructure. By facilitating exchanges among member countries, the AES aims to strengthen economic interdependence, enhance the competitiveness of local businesses, and promote cross-border investments. The growth of trade exchanges is viewed as a key driver for job creation, innovation, and market integration.
Experts discussed the harmonization of customs regulations, the modernization of port, rail, and road infrastructures, and the adoption of digital technologies to improve logistics. They stressed that reducing trade barriers, coupled with increased cooperation in transport and industry, would invigorate trade flows and attract new investments to the region.
Additionally, discussions underscored the necessity of protecting local industries while opening up to international markets. This includes establishing support mechanisms for small and medium-sized enterprises (SMEs), often regarded as the backbone of the regional economy, enabling them to capitalize on these new trade opportunities.
