ACP signing is relevant

EAC presidents should be appreciated for signing the ACP because it’s where investment rotates.

Tuesday, December 04, 2007

EAC presidents should be appreciated for signing the ACP because it’s where investment rotates.

The Europeans have the reigns and Africa in particular has the bit and bridles; so refusing to sign the deal means scaring away foreign investment.

Signing the deal on the other hand means opening up for as much foreign investment as possible.

The Africans should not develop skepticism over the potentiality of increased competition but should instead be ready to toil their way to a better life.

ACP signing has many advantages in the African market; one being that people might consume at a lesser prices compared to the exorbitant tags on imported goods.

Remera