African private sector upbeat about future but seeks fairer global trading system

African private sector upbeat about future but seeks fairer global trading system

CAIRO, Egypt “” A survey commissioned by the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) to gauge the private sector view around trade has highlighted the private sector's desire for considerable reforms to make the global trade rules system fairer and more transparent.Two hundred CEOs were surveyed around issues concerning the WTO and trade in general. It was done in light of the next phase of ongoing consultations to select the institution's next director general. Three of the eight candidates are African: Nigeria's Ngozi Okonjo-Iweala, Kenya's Amina Mohamed and Egypt's Abdel-Hamid Mamdouh.The survey