Burkina Faso / CNFE: The government injects a new dynamic into trade facilitation

During the Ministerial Council meeting held on Thursday, April 4, 2024, the Burkinabe government achieved a major milestone in its quest to promote international trade. Under the leadership of President Captain Ibrahim TRAORE, the council approved a crucial decree concerning the establishment, organization, functions, composition, and operations of the National Trade Facilitation Committee (CNFE).

This decree, issued by the Ministry of Industrial Development, Trade, Handicrafts, and Small and Medium Enterprises, marks a significant revision of the previous institutional framework established by decree n°2017-099/PRES/PM/MCIA dated March 13, 2017.

The CNFE, as a dedicated body for facilitating and coordinating measures outlined in the Trade Facilitation Agreement ratified by Burkina Faso in 2018, plays a crucial role in simplifying and streamlining international trade processes.

This revision aims to take into account the country’s institutional developments, budgetary considerations, and gender perspectives to enhance the CNFE’s effectiveness in executing its mandates.

The adoption of this decree signifies a significant step forward in the government’s efforts to boost international trade and foster economic development in Burkina Faso.

Papa IBRAHIMA

Posts Grid

Gabonese Football Star Aaron Boupendza dies at 28

Gabon and Zhejiang FC striker Aaron Boupendza has died at age 28 after reportedly falling from a building in Hangzhou, China. The international forward, who...

Mali U-17 soar past Burkina Faso to Reach AFCON Final

Mali’s young Eagles secured a spot in the TotalEnergies CAF U-17 AFCON final with a dominant 2-0 victory over Burkina Faso in Casablanca. Soumaila Fané...

PSG’s nervy escape: How complacency nearly cost them against Aston Villa

Paris Saint-Germain survived a major scare against Aston Villa, losing 2-3 but advancing 5-4 on aggregate to secure their place in the Champions League semifinals....

Football divided: FIFA faces backlash over plan to expand 2030 World Cup to 64 teams

Plans to expand the 2030 FIFA World Cup to 64 teams are facing pushback from top football officials. The proposal, led by South America's CONMEBOL, aims...

Kenya’s Geoffrey Kamworor triumphs at Rotterdam marathon

Rotterdam witnessed another thrilling marathon as Kenya's Geoffrey Kamworor claimed victory at the 44th edition on Sunday. The 32-year-old two-time world half-marathon champion clocked 2:04:33,...

NBA West Playoff Drama unfolds on season’s final night

The Clippers and Timberwolves secured direct playoff berths in a wild Western Conference finish Sunday. James Harden's 39-point OT masterpiece lifted LA past Golden State...

Leave a Reply

Your email address will not be published. Required fields are marked *