MONROVIA, October 8 (LINA)-Commerce and Industry Minister Axel Addy says Liberia stands a good chance of tapping into opportunities provided by the World Trade Organization (WTO) in fisheries, agriculture and tourism due to its accession to membership of the organization.
He added : "Liberia’s accession to the WTO will also provide the enabling environment for growth and development, and promoting trade and commerce."
Addy made the statement in his remarks at the last Working Party Meeting in Geneva, Switzerland Tuesday.
He emphasized that Liberia's cooperation and belief in the global trading system, will improve the quality of life and reduce poverty in Liberia.
He noted that whatever progress will be achieved at the WTO will enhance productivity and prepare the way for a better future for Liberia's future generation.
''I strongly believe that Liberia stands a good chance to tap on opportunities provided by the WTO in many trade areas, fisheries, agriculture ,tourism and many others, to which the future seems bright and promising,'' he added.
The Chairman on the Working Party, former Ambassador of Sweden Joakim Reiter, said Liberia's accession to the WTO was a result of determination, strong will and commitment on the part of the Liberian Working Party team and the Liberian Government.
Reiter said the country’s WTO accession is a positive signal of the sacrifice that Liberia has made in engaging global and international partners in its trading commitment and programs.
He described Liberia's success as not only for the country, but also as a win-win for least-developed countries.
The Chairman of the Liberian Senate Committee on Commerce and Trade, James Tornolah, praised the level of commitment and determination, coupled with the loyalty that the Liberian Working Party team exhibited throughout the process.
Tornolah said Liberia's WTO accession will begin a new paradigm of growth and national development through trade and commerce, thus adding value to the country’s global trading initiative.
LINA/PR/JGT/TSS
MONROVIA, October 8 (LINA)-–President Ellen Johnson Sirleaf has praised the U.S.-based nonprofit William V.S. Tubman University Foundation and the Marylanders for Progress (MFP) for the project both organizations are spearheading to construct a state of the art electronic library and learning center at the W.V.S. Tubman University (TU) in Maryland County.
MONROVIA, October 7 (LINA)-The Head of the European Union Delegation to Liberia, Ambassador Tiina Intelmann, has assured the EU’s support to the Liberian Government's effort to invest in communities and forests, and reaffirmed the importance of the Voluntary Partnership Agreement process for sustainable forest management.