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Services in COMESA

An Industry Perspective: Integrating the Voice of Business in Policy

image of Services in COMESA

This joint ITC–CBC paper provides a regional overview of services sectors and services trade for COMESA, drawing attention to opportunities for growth and regional integration – analyses data for four key services subsectors (travel, transport, communication and financial and insurance services), and provides Services Snapshots for each COMESA member. The paper maps business and professional services associations in COMESA services industries and identifies the major challenges faced by services stakeholders; examines the option of developing a COMESA Regional Services Industries Group (RSIG) as a positive step towards a coordinated platform for overcoming the growth challenges to provide a better business environment for services industries in the COMESA region.

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Positions of industry in key service sectors in COMESA

It is a well–recognized phenomenon that private sector participation in policy formulation at national or regional level is key to the promotion of business friendly and effective policies that advance private sector development. The organization of the private sector through associations at national, sector and regional levels is therefore imperative to ensure that the policy and regulatory environment is conducive to business growth at a national and regional level. Whilst there are some existing sectoral associations and business organizations for the services sector in COMESA, there are also some common key challenges that impede the effectiveness and sustainability of the services sector associations in the region.

English

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