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Central Africa’s policy makers familiarized with trade agreements modeling software

06 March 2007

About 14 government officials and trade experts from Central Africa Economic and Monetary Community (CEMAC) and other countries in the sub region completed a two-day training last week in Yaounde on how to use modeling software to assess the impact of trade agreements on their economies.

The training focused on the use of the World Integrated Trade Solution (WITS) software and the WITS/ Smart partial equilibrium developed by the World Bank and UNCTAD. Presentations highlighted various simulation opportunities as well as trade and tariffs data extraction possibilities.

CEMAC countries are currently involved in bilateral and multilateral trade negotiations including Economic Partnership Agreements with European Union and the Doha Round.