• Short Summary

    African Trade Ministers wound up their three-day meeting in Lagos on Wednesday (July 11) by making genuine progress towards the establishment of an African Common Market.

  • Description

    African Trade Ministers wound up their three-day meeting in Lagos on Wednesday (July 11) by making genuine progress towards the establishment of an African Common Market. A resolution adopted by the conference called on heads of states of the Organisation of African Unity to study the possibility of creating such a common market.

    But though an economic grouping of this kind could strengthen African unity, political analysts believe it is still many years in the future. Meantime, the 39 nations at the Lagos conference decided they will not grant tariff concessions to goods from member countries of the European Common Market -- they will be negotiating with the European Community in Brussels later this month.

    SYNOPSIS: Trade Ministers from thirty-nine African nations wound up their three-day conference in Lagos on Wednesday having made genuine progress towards setting up an African Common Market. They called on heads of states of the Organisation of African Unity to study the possibility of setting up such a trade grouping. At the same time, the conference prepared for negotiations with the European Economic Community later this month -- and decided not to grant trade concessions to the European member countries. Nigerian Trade Commissioner Mr. Wenike Briggs summed up the conference.

  • Tags

  • Data

    Film ID:
    VLVA1HIKHNO6E7FUIL0BXMZN80QNO
    Media URN:
    VLVA1HIKHNO6E7FUIL0BXMZN80QNO
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    13/07/1973
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:58:00
    Time in/Out:
    /
    Canister:
    N/A

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