African countries individually represent relatively small markets, but collectively, they represent enormous market potential, the United Nations deputy chief told an Africa Week event in New York on Wednesday.
“The continent’s large and growing population represents enormous market potential, especially with growing urbanization contributing to rapid growth in consumption by households and businesses,” said Deputy Secretary-General Amina J. Mohammed in her keynote address to the event, titled ‘Regional and Economic Integration in Africa: How to Effectively Involve Africa’s Youth across National Borders.’
Yet, despite this potential, she continued, intra-African trade represents only about 13 per cent of Africa’s total trade.
By building on market potential and promoting regional integration, African countries could reduce their dependency on the sale of primary commodities, and shift to value added products – creating employment, reducing inequalities, investing in sustainable infrastructure and ensuring sustainable economic growth.
Establishing a Continental Free Trade Area, as agreed by the African Union in 2012, would be a major step in the right direction.
“Once established, it would be the largest free trade area in the world with 54 member states – a single market of more than one billion people with a young and growing population,” she said.
The transformative changes envisaged in Africa’s development vision, Agenda 2063, can only be realized if they are forged around stronger regional integration, she added.
There are also encouraging success stories elsewhere. Today, regional blocks in South and Central America, Southeast Asia and China play a major role in global economy.
The Association of Southeast Asian Nations (ASEAN) Free Trade Area was established in 1992 to eliminate trade and non-trade barriers and improve the Southeast Asia’s competitiveness. Consequently, intra-ASEAN trade more than doubled between 1995 and 2010, and kept increasing to reach around 24 per cent of global trade last year – and 40 per cent if trade with China is included.
“We can achieve the same success in Africa,” Ms. Mohammed said.
Africa has the fastest growing youth population in the world, with 60 per cent of its population under 24.
Harnessing their capacity requires greater investments in education, especially in science and technology, to ensure a robust labour force capable of meeting the increasingly competitive demands of today’s globalized markets, she said.
Noting that gender inequality is costing sub-Saharan Africa tens of billions a year, she stressed the need to truly integrate women into Africa’s economies towards creating a prosperous and vibrant Africa.
The EU’s Response to COVID-19
The European Commission is working on all fronts to support efforts to tackle the COVID-19 outbreak. This includes ongoing coordination with Member States to share information, assess needs and ensure a coherent EU-wide response. The Commission is also funding research, offering support through the EU Civil Protection Mechanism and supporting China with emergency medical supplies to tackle the outbreak at its source.
What has the Commission been doing since the outbreak of COVID-19 was reported in China?
1) At EU level, under the Cross-border Health Threat Decision, the Commission coordinates with Member States through three key mechanisms:
- The Early Warning and Response System
- The Health Security Committee
- The Health Security Committee’s Communicators’ network.
These tools support cooperation, rapid exchange of information, swift monitoring and coordination of preparedness and response measures to COVID-19.
2) The Commission, with support from relevant EU agencies, in particular the European Centre for Disease Prevention and Control (ECDC), the European Medicines Agency (EMA) and the European Union Aviation Safety Agency (EASA), is providing technical guidance related to: risk assessments; case definition for diagnosis and aligned reporting of suspected and confirmed cases; infection prevention and control in health care settings; advice for travellers; updated information on therapeutics and vaccines; contact tracing on aircrafts; management of points of entry and aviation sector recommendations.
Moreover, Member States’ Joint Action Healthy Gateways, funded by the EU, is providing guidance and training on points of entry measures, as well as another Joint Action, SHARP (strengthened international health regulations and preparedness in the EU) on laboratory preparedness.
3) The Commission has been coordinating the delivery of assistance to China as well as financing the transport costs of EU Member States’ repatriation flights.
4) To boost global preparedness, prevention and containment of the virus, new funding worth €232 million will be allocated to different sectors, namely:
– €114 million will support the World Health Organization (WHO), in particular the global preparedness and response global plan. This intends to boost public health emergency preparedness and response work in countries with weak health systems and limited resilience. Part of this funding is subject to the agreement of the EU budgetary authorities.
– €15 million are planned to be allocated in Africa, including to the Institute Pasteur Dakar, Senegal to support measures such as rapid diagnosis and epidemiological surveillance.
– €100 million, out of which up to €90 million Public Private Partnership with the pharmaceutical industry and 10 million for research on epidemiology, diagnostics, therapeutics and clinical management in containment and prevention. *
– €3 million allocated to the EU Civil Protection Mechanism for repatriation flights of EU citizens from Wuhan, China.
Is the EU prepared and equipped to contain the spread of COVID-19?
Member States continuously inform the Commission and share information regarding their levels of preparedness.
According to the information provided by the national authorities, there is a strong overall level of preparedness with countries having response measures in place to provide treatment for the cases in the EU and to mitigate any further transmission within and into the EU.
On 13 February, an extraordinary EPSCO Health Council brought together all Member States at a political level to discuss and coordinate measures to limit the spread of the COVID-19 outbreak and further preparedness measures to be considered for the future.
In response to the Council Conclusions of this meeting, the key actions on which the Commission is in the process of following up include continued risk assessment and guidance on travel advice; increased preparedness should the outbreak escalate to the next phase; and activation of existing funding mechanisms to support Member States on preparedness and response to the COVID-19. Other key actions include examining joint procurement for potential needs of protective equipment and strengthened support to the Health Security Committee in providing aligned information across the EU on the virus, detection, use of equipment, etc.
How is the Commission supporting the repatriation of EU nationals from China?
The European Commission has a 24/7 Emergency Response Coordination Centre that is coordinating repatriation flights with EU Member States.
The Commission provides funding to EU Member States to cover up to 75% of the transport costs of these repatriation flights via the EU Civil Protection Mechanism.
The EU Civil Protection Mechanism has facilitated the repatriation of 447 EU citizens from Wuhan, China. In late January, two French aircraft brought back 346 EU citizens, while Germany also conducted one repatriation flight, which brought back 101 EU citizens.
A third repatriation flight was organised by France, repatriating more than 70 EU citizens who were still in Wuhan.
The EU Civil Protection Mechanism also co-financed the last leg from London to the respective Member States of 95 EU citizens brought back on a UK repatriation flight.
Also under the EU Civil Protection Mechanism, Italy sent two planes for the repatriation of EU citizens quarantined on the Diamond Princess cruise that had been docked in Yokohama, Japan, since early February.
What is the EU doing to support China?
The European Commission coordinates the delivery of emergency medical supplies to China through the EU Civil Protection Mechanism.
As of 21 February, over 30.5 tonnes of personal protective equipment to China has been provided by France, Germany, Italy, Latvia and Estonia. The transport costs were co-financed by the EU Civil Protection Mechanism.
- The first 12 tonnes came as an immediate first offer of assistance, via the first repatriation flights from France and Germany in late January.
- On 14 February, Italy sent 1.5 tonnes of protective overalls and masks to the Chinese Red Cross in Beijing.
- On 19 February, France sent a plane to Wuhan with a 20-tonne cargo of surgical masks, gloves, thermometers and disinfectant, which also included material from Latvia and Estonia.
- On 23 February, an Austrian aircraft departed from Vienna with protective equipment which included masks, gloves, protective clothing and disinfectant.
The Commission stands ready to provide any further assistance to China.
The European Emergency Response Coordination Centre continues to reach out to Member States to map potential contributions of personal protective equipment that will be delivered to China in the near future.
How is the public health risk in Europe evaluated as regards COVID-19?
The European Centre for Disease Prevention and Control (ECDC) is monitoring the outbreak through epidemic intelligence activities, and provides risk assessments to guide EU Member States and the European Commission in their response activities. The ECDC is in continuous contact with the European Commission, the public health authorities in the EU Member States, China and other countries and the World Health Organization for the assessment of this outbreak. ECDC also publishes daily summaries and risk assessments for EU citizens.
What EU-funded research is ongoing on COVID-19?
On 31 January, the Commission launched a request for expressions of interest for research proposals on the novel coronavirus. A budget of €10 million is made available for research that will improve clinical care of patients infected with the virus, as well as the overall public health response. The Innovative Medicines Initiative (IMI) announced its plan for a fast-track call for proposals on the novel coronavirus to be launched in early March.
In addition, the EU already funds several ongoing research projects that have reoriented their focus to address the COVID-19 outbreak. For example, the PREPARE project ensures research preparedness of clinical treatment sites and the use of harmonised research protocols across Europe through their network of 3,000 hospitals and 900 laboratories in 42 countries. Another EU-funded project, the European Virus Archive GLOBAL (EVAg) has already made available more than 1,000 kits that support the diagnosis of the novel coronavirus, to 79 countries worldwide.
The Commission coordinates with the World Health Organization and other research funders to ensure that research gaps are covered. This happens mainly through the “Global research collaboration for infectious disease preparedness” (GloPID-R) network, the secretariat of which is EU funded. A global research and innovation forum was organised by the World Health Organization and GloPID-R on 11-12 February, to identify research priorities across 10 different thematic areas.
Are food products imported from China safe?
There has been no report of transmission of COVID-19 via food. Therefore, there is no evidence that food items imported into the European Union in accordance with the applicable animal and public health regulations governing imports from China pose a risk for the health of EU citizens in relation to COVID-19.
Moreover, due to the animal health situation in China, only a few products of animal origin are authorised for import into the EU from China, on the condition that they meet strict health requirements and have been subjected to controls.
Is there a vaccine available?
The Commission, with relevant EU agencies, is actively engaged in the arena of therapeutics and vaccine developments. At this stage, the Commission is focusing its funding efforts on research with a timely impact on the current public health emergency due to COVID-19, including on the development of diagnostics and therapeutics. This is in line with the Commission’s emergency research funding of €10 million that was made available at the early stages of the outbreak. Vaccine development is addressed through CEPI (the Coalition for Epidemic Preparedness Innovation), an initiative the Commission contributes to.
What is COVID-19?
COVID-19, previously named 2019-nCoV, was identified in China at the end of 2019 and is a new strain of coronavirus that has not been previously known in humans.
Where do Coronaviruses come from?
Coronaviruses are viruses that circulate among animals but some of them are also known to affect humans. After they have infected humans, transmission can continue between humans.
A wide range of animals is known to be the source of coronaviruses. For instance, the Middle East respiratory syndrome coronavirus (MERS-CoV) originated from camels and the Severe Acute Respiratory Syndrome (SARS) originated from civet cats.
What is the mode of transmission? How (easily) does it spread?
While animals are the source of the virus, COVID-19 is now spreading from one person to another (human-to-human transmission). There is currently not enough epidemiological information to determine how easily and sustainably this virus is spreading between people. It seems to be transmitted mainly via respiratory droplets that people sneeze, cough or exhale. The incubation period for COVID-19 (i.e. the time between exposure to the virus and the onset of symptoms) is currently estimated at five to six days, ranging up to 14 days.
While it is known that the virus can be transmitted when an infected individual has symptoms, there are still uncertainties regarding whether mild or asymptomatic cases can transmit the virus. If people with COVID-19 are tested and diagnosed in a timely manner and rigorous infection control measures are applied, the likelihood of sustained human-to-human transmission in community settings in the EU/EEA is low. Systematic implementation of infection prevention and control measures were effective in controlling SARS-CoV and MERS-CoV.
What are the symptoms of COVID-19?
From what we know so far, the virus can cause mild, flu-like symptoms such as
- difficulty breathing
- pain in the muscles and
More serious cases develop severe pneumonia, acute respiratory distress syndrome, sepsis and septic shock that can lead to the death of the patient. People with existing chronic conditions seem to be more vulnerable to severe illness.
Is there a treatment for the disease caused by COVID-19?
There is no specific treatment for this disease so the approach used to treat patients with coronavirus-related infections is to treat the clinical symptoms (e.g. fever). Supportive care (e.g. supportive therapy and monitoring, oxygen therapy, fluid management and antivirals) can be highly effective for those infected.
Is there a vaccine against COVID-19?
There are currently no vaccines against coronaviruses, including COVID-19. That is why it is very important to prevent infection or contain the further spread after an infection.
AIIB Donates USD1M to Help China Fight COVID-19
The Asian Infrastructure Investment Bank (AIIB) is contributing USD1 million to help China control the spread of COVID-19. The amount comprises donations from AIIB staff and matching funds from the Bank.
The contribution was used to purchase medical equipment to help frontline health care professionals battling the coronavirus outbreak in Wuhan and Beijing. AIIB has been sourcing medical supplies from around the world, including 51,000 medical masks, 46,000 protective clothing, 17,000 surgery aprons, 21,000 boxes of surgery gloves and other medical and epidemic prevention supplies with a total weight of 40 tons. The first batch of materials is delivered to Wuhan and Beijing on Feb. 24, 2020, with other batches to follow.
“AIIB’s management and staff stand by the Chinese people,” said AIIB President and Chair of the Board Jin Liqun. “We are ready to offer our help to the best of our ability. We want to do our part as residents of China to help stop the epidemic’s spread.”
AIIB also announced on Feb. 10, 2020 that it has been in active discussions with the Government of China to strengthen the country’s emergency public health infrastructure and help meet its immediate and longer-term public health needs.
APEC Needs to Look Beyond Numbers, Bring Concrete Benefits to People
The current volatility and uncertainty of the international trade environment requires APEC to be dynamic, said Dato’ Sri Norazman Ayob, Deputy Secretary General of Industry of Malaysia’s Ministry of International Trade and Industry.
“Integration of the global supply chain carries inherent systemic risk of disruption to domestic economies in the event of a major breakdown along the value chain,” he said during his remarks at a dialogue with stakeholders focused on APEC’s post-2020 vision in Putrajaya on Wednesday. “Businesses would need to constantly reassess their business models to ensure business continuity.”
Notwithstanding, the ever-changing environment requires constant rebalancing measures from regulators and industry players to encourage domestic industrial development to ensure economic growth remains sustainable.
Norazman argued that as the premier economic forum in the region, APEC needs to realign its priorities to look at economic growth beyond creating equal opportunities and prosperity through trade and investment, “but also tangible benefits to the people.”
He noted that APEC’s goal of free and open trade in the region, otherwise known as the Bogor Goals, has brought integration to the region by reducing trade barriers and addressing regulatory issues.
Average tariffs within APEC have fallen from 17 percent in 1989 to 5.3 percent in 2018. During the same period, APEC’s share of world’s trade increased from 41 percent to 48 percent. APEC economies account for more than 80 percent of Malaysia’s total trade.
“Despite these achievements, we are very much living in a world where uncertainty is the new normal and economies have to be prepared to constantly embrace change in order to survive in the current global environment,” Norazman explained.
One of the key deliverables for Malaysia as the host of APEC this year is to lead the development of the new APEC vision that will guide the forum’s work in the next decades.
Guided by the overarching concept of “Shared Prosperity”, Malaysia plans to introduce initiatives to enable trade and investments to generate concrete outcomes for the people in the region.
According to Norazman, Malaysia will promote the development of the digital economy and encourage effective use of advanced technologies to improve living standards, create equal employment opportunities and achieve a more balanced growth across the region.
“The Post-2020 Vision has to ensure that people are put at the core of the discussion,” he concluded. “A more holistic approach that includes inclusivity, equality and sustainability can be explored in ensuring that no one is left behind.”
Senior Officials from APEC economies will gather in Putrajaya on 21-22 February 2020 to discuss the initiatives and work plans for the year.
The end of the perfect melons
On May 2019, two melons from Hokkaido sold at the prices of 45,000 USD. Yes, you heard it right. Two...
After MSC: A New EU and a New Strategic NATO concept?
There are many reactions to the Munich Security Conference and the speeches of Macron, Pompeo, Laschet and Steinmeier. Two are...
How to Save the Failing World Order?
Many in the West believe China’s economic ascendancy indicates that Beijing is covertly working to usher in a new world...
Ten reasons why joining the EAEU could be beneficial for Azerbaijan
Azerbaijan joining the Eurasian Economic Union (EAEU) could reduce the costs of imported intermediate goods for the Azerbaijani industry, increase...
Banks and Artificial Intelligence
“Artificial Intelligence” is a terminology specifically invented in 1956 by John McCarthy and concerns the ability to make appropriate generalizations...
The EU’s Response to COVID-19
The European Commission is working on all fronts to support efforts to tackle the COVID-19 outbreak. This includes ongoing coordination...
Artificial Intelligence: Potential Intensifier of Strategic Dynamics in South Asia
With growing dependency on artificial rationalization, human reasoning and decision-making is under continuous suppression. Where machine learning and deep learning...
South Asia1 day ago
Pakistan- Afghanistan- Turkey Trilateral Summits and its implication for the region
South Asia2 days ago
The Foreign Policy of Pakistan under Imran Khan
Africa2 days ago
Situation in central Mali ‘deteriorating’ as violence, impunity rise
South Asia3 days ago
Guterres lauds Pakistan’s commitment to climate change
Economy3 days ago
The Reckoning: Debt, Democracy and the Future of American Power- Book Review
Newsdesk3 days ago
UNIDO and Switzerland expand cooperation to support cocoa value chain in Nicaragua’s mining triangle
Americas2 days ago
Can Anyone Beat Trump?
Science & Technology2 days ago
Future Goals in the AI Race: Explainable AI and Transfer Learning