- Search Results
 
 
House Concurs With Senate, Ratifies WTO Accession Protocol
Date Uploaded: Jun 15, 2016

Capitol Building

 

 

House Concurs With Senate, Ratifies WTO Accession Protocol

By Wilfred Gortor, LINA

MONROVIA, June 14 (LINA) - The House of Representatives has concurred with the Liberian Senate on the ratification of Liberia's accession protocol to the World Trade Organization (WTO).

Liberia's accession package was on December 16, 2015 adopted by the WTO.

The nation was accepted as the latest continental African and final member of  ECOWAS to join the multilateral trade system at the 10thMinisterial Conference of the WTO held for the first time in sub-Saharan Africa.

The decision to ratify the protocol by the House on Tuesday follows earlier ratification by the Liberian Senate on April 20 of the Engross Bill entitled: "An Act to ratify the protocol on the accession of the Republic of Liberia to the World Trade Organization."

It can be recalled that President Ellen Johnson Sirleaf, in a communication accompanying the bill to the Legislature, noted that Liberia's accession package contains the nation's commitment for domestic reform which takes into consideration the enhancement of its business climate to provide fair and predictable business environment that fosters trade in a competitive manner.

The Liberian leader noted that the package also contains the Liberia National Trade Policy (LNTP), which focuses on the trade issues and is consistent with the Agenda for Transformation.

She noted that the policy also builds on the WTO accession strategy, the Diagnostic Trade Integration Study Update (DTISU) and the National Export Strategy (NES).

According to President Sirleaf, the protocol will help enable Liberia attain its Agenda for Transformation as well as make the nation's business environment accessible and comfortable.

LINA WSG/PTK

latest headlines
LNFS Craves More Support To Mitigate Fire Outbreaks
The Liberia National Fire Service (LNFS), has called for more capacity building training, empowerment and logistics to help mitigate fire outbrea ...more
‘Women Will Vote Those Who Champion Their Cause’ - Solanke
The Executive Director of Community Healthcare, Naomi Solanke, has cautioned that women will only support aspirants who will champion their cause ...more
Gender Official Vouches For Post-Ellen Platform
An Assistant Minister at the Ministry of Gender, Children and Social Protection is calling for the setting up of a platform for the post-Ellen er ...more
“CBE Model Successful,” Monrovia City Mayor
The Mayor of the Monrovia City Corporation (MCC), Clara Doe Mvogo, says the Community-Based Enterprise (CBE) model has been successful in the mun ...more
NGO Shares Global Youth Service Day With Nimba Orphans
Over 150 orphans of the House of Hope Orphanage in Ganta, Nimba County have had a different taste of the observance of Global Youth Services Day ...more
Urbanization Critical for Liberia's Development - Leon
The Program Manager of the Cities Alliance in Liberia says urbanization is critical to the development of cities in the country in the future. ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency