JUBA, (Xinhua) --
South Sudan on Thursday said the new
Trade Policy Framework (TPF), a UN-supported multi-donor
global partnership for developing countries, will help
improve its trade competitiveness within the region and
spur economic development.
Athian, the Undersecretary in the Ministry of Trade,
Industry and East African Community (EAC) Affairs,
expressed hope that the trade policy will help boost
South Sudan’s trade within the EAC and international
are making a step forward by adopting the trade policy
framework which is essential for South Sudan given the
fact we are landlocked country. It will help us
diversify our economy to produce for both domestic and
regional market,” Athian told journalists in Juba.
that the EAC membership including observer status at the
World Trade Organization (WTO) will ensure South Sudan
implements crucial trade reforms.
obtained observer status at WTO. This opens the door for
South Sudan to trade with the world and gives us chance
to build our capacity,” he disclosed, adding that the
TPF will improve lost confidence in the now battered
economy due to more than four years conflict.
The TPF was
supported by the UN Development Program (UNDP) and
Enhanced Integrated Framework (EIF), a multi-donor
global partnership for developing countries.
Director Kamil Kamaludeen said the TPF will help improve
trade in the financial management, revenue and
livelihood sector in one of Africa’s highly oil
South Sudan became a full member of the EAC, and in 2017
obtained the observer status with the WTO.
integration process to EAC advanced further in late
2017, with the adoption of the Integration Roadmap to
the EAC and formulation of the list of priority projects
for period 2017-2020.
recognizes the fragility of South Sudan economy and
institutions and provides recommendations to gradually
improve trade infrastructure and environment to help the
country benefit more from the EAC membership.
provides a set of coordinated programs for strengthening
the supply side of the economy to increase food security
and produce products tradable on domestic, EAC and
international markets and measures for improving trade
environment and facilitating trade.
descended into violence in December 2013 after political
dispute between President Salva Kiir and his former
deputy Riek Machar led to split within the SPLA, leaving
soldiers to fight alongside ethnic lines.
peace agreement to end the conflict was weakened after
the outbreak of renewed fighting in July 2016.