ESAMI-trapca, the hub for trade-related capacity-building in Africa, is supporting Somalia’s accession to the World Trade Organization (WTO) and integration into the global, regional and continental trading arena. Last week, with generous support from the Enhance Integrated Framework (EIF), ESAMI-trapca successfully facilitated a comprehensive course on Data Analysis and Economic Modelling for trade for Somali officials. This intensive training program equipped participants with the essential skills to develop economic models, conduct quantitative analysis, and assess the economic and social implications of various trade reforms. By understanding the impact of market access regimes, tariff changes, potential policy shifts, and non-tariff barriers, Somali officials will be able to make data-driven decisions that align with the country’s WTO accession goals. This scientific approach ensures that trade policies are formulated and implemented effectively, promoting sustainable economic growth and development.
The training session witnessed active participation from 30 individuals representing diverse backgrounds. Notably, the session had excellent gender representation, with 17 out of 30 participants being female, showing Somalia’s commitment to inclusive capacity building, integration and economic growth. As Somalia advances on its path towards WTO accession and continues with its endeavours for integration into the global continental and regional trading systems, support from ESAMI-trapca and partners like the EIF enhances technical proficiency and strengthens the country’s position in the global trading landscape. With continued commitment to capacity building and strategic collaboration, Somalia is poised to leverage trade as a catalyst for sustainable economic growth and integration into the global economy.
