European firms discuss how to create a Togo-EU chamber of commerce and industry

Economic governance
Monday, 20 May 2019 15:03
European firms discuss how to create a Togo-EU chamber of commerce and industry

(Togo First) - Some European firms regrouped at the end of last week in Lomé, to discuss the creation of a Togo-EU chamber of commerce.

This chamber should help boost trade between the two entities, making their relationship more sustainable as well.

Actually, a memorandum of understanding to this end is expected to be signed by the Togolese chamber of commerce and industry (CCIT) and its European counterpart at the coming Togo-EU forum, next June 13-14.

The forum should also help raise funds to finance Togo’s 2018-2022 national development plan (PND 2018-2022). Fund needs for this plan amounts to XOF4,622 billion, two-thirds of which (XOF3,000 billion) are expected from the private sector.

Overall, 400 participants, including 150 European economic operators are accepted at the event.

Séna Akoda 

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