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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.

English

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Way forward

Services continue to grow exponentially as technology evolves and communication advances. Therefore, the development of RSIGs is a positive step towards establishing an inclusive participation of services industries in the regional integration agenda. It advocates the services sector especially in relation to the government, addressing issues in areas of policy reforms and trade barriers. Internally, it serves as a platform that facilitates exchange of information on services and increases coordination among members. It perfectly fits in the existing services institutional landscape of the region as it builds linkages and increases coherence between the services businesses, associations and stakeholders. The formation of COMESA regional coalition is a step the business community must take to refocus services business organizations, enhance the private sector involvement in the policy–making decisions and reap the benefits emerging from the dynamic nature of services regionally and internationally.

English

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