São Filipe, Jan 19 (Inforpress) – Access to a larger market will make it possible to increase production and thereby sell goods or services at lower prices to the final consumer, said the president of the Wine Producers Association of Fogo (APVF).
Speaking to Inforpress, regarding the African Continental Free Trade Agreement that came into force on January 1, Maria da Ressurreição Graça said that this agreement, by removing tariff barriers for 90 percent (%) of goods and services in a market of 1.2 billion people and in 54 countries of the 55 of the African Union, it is a “great door” that opens up for the increase of productivity “in all the reduced archipelagic market of 500 thousand people”.
For the president of the governing board of the Wine Producers Association of Fogo (APVF), the island, due to its wine potential, but also to other products such as liqueurs, cheese, coffee, goat meat processing and even stone, may come to be “highly benefited” with this agreement.
However, for this to happen, he warned, “it is not enough to just have the will of the producers”, hence he argues that a national strategy is needed with a regulatory framework that facilitates industrial production and exports, and an expanded export capacity and experience that “still missing in the country”.
JR / AA / HVF