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{
    "id": 794432,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/794432/?format=api",
    "text_counter": 231,
    "type": "speech",
    "speaker_name": "Hon. Luyai",
    "speaker_title": "",
    "speaker": {
        "id": 2740,
        "legal_name": "Caleb Amisi Luyai",
        "slug": "caleb-amisi-luyai"
    },
    "content": "Thank you, Hon. Deputy Speaker. I rise to second the Motion on the Ratification of the AFCFTA. This has come at the most opportune time when the world is slowly becoming global. Globalisation comes with competition in terms of international trade. This Agreement is key to our nation when we are talking of the Agenda Four as a country. We cannot be taking of Agenda Four if we are not very keen on our position in the international market. The African continent as a whole has a population of 1.2 billion. In terms of population, Africa is second to Asia in the world’s population. So it is imperative as a country to be part of this Agreement that enables us to tap into this growing market of the continent. Besides that, this Agreement is going to create a single continental market for goods and services or free movement of business and persons and will also expand our intra-African trade within our economic bloc communities such as EAC and COMESA. It will also harmonise trading activities of state partners which belong to two economic blocs such as Kenya which belongs to EAC and COMESA This is going to promote industrial development through diversification and regional value chain development through agricultural development and food security. With those few remarks I urge this House and Hon. Members to be part of the ratification of this Agreement. I wish we could put the Question because the public we represent has given it a clean bill of health. It is an Agreement that has come at the most opportune time."
}