African Ministers Endorse Plan for Coordinated Air Cargo Corridors to Boost Continental Trade
African transport ministers have officially adopted a declaration to create a framework for coordinated air cargo corridors across the continent. This initiative aims to significantly boost intra-African trade, which currently stands at a very low level. The corridors are designed to liberalize market access, reduce logistical costs, and improve the efficiency of freight transportation. This move is a key component in implementing the African Continental Free Trade Area (AfCFTA) and the Single African Air Transport Market (SAATM). The framework represents a critical step in turning long-standing policy goals into practical, impactful action for the region's economy.
Official Source: https://aircargoweek.com/african-ministers-back-coordinated-air-cargo-corridors-to-boost-continental-trade/
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