ABSTRACT
One of the major challenges in many African countries is low investment in
infrastructure. The countries have poor road networks and transport systems,
inadequate port infrastructure, and underdeveloped telecommunications and ancillary
services (insurance, banking and finance). D.eficient trade-related infrastructure raises
the cost of production and distribution. With progressive Tariff liberalization in
developed countries, high transaction costs in Africa have become a more binding
constraint to trade than Tariffs in export markets. Amjadi and Yeats estimate that
transport costs provide a higher effective rate of protection than tariffs, and explains to
a larger extent the marginalization of Africa in world trade. The Regional Economic
Communities of COMESA recognize the importance of trade facilitation in deepening
regional integration by reducing the cost of cross-border transactions, and improving
the potential of growth through trade.
Research, S. (2022). THE IMPACT OF MOTOR VEHICLE THIRD PARTY INSURANCE IN THE IMPLEMENTATION OF THE COMESA PROTOCAL. Afribary. Retrieved from https://afribary.com/works/the-impact-of-motor-vehicle-third-party-insurance-in-the-implementation-of-the-comesa-protocal
Research, SSA "THE IMPACT OF MOTOR VEHICLE THIRD PARTY INSURANCE IN THE IMPLEMENTATION OF THE COMESA PROTOCAL" Afribary. Afribary, 12 Aug. 2022, https://afribary.com/works/the-impact-of-motor-vehicle-third-party-insurance-in-the-implementation-of-the-comesa-protocal. Accessed 01 May. 2024.
Research, SSA . "THE IMPACT OF MOTOR VEHICLE THIRD PARTY INSURANCE IN THE IMPLEMENTATION OF THE COMESA PROTOCAL". Afribary, Afribary, 12 Aug. 2022. Web. 01 May. 2024. < https://afribary.com/works/the-impact-of-motor-vehicle-third-party-insurance-in-the-implementation-of-the-comesa-protocal >.
Research, SSA . "THE IMPACT OF MOTOR VEHICLE THIRD PARTY INSURANCE IN THE IMPLEMENTATION OF THE COMESA PROTOCAL" Afribary (2022). Accessed May 01, 2024. https://afribary.com/works/the-impact-of-motor-vehicle-third-party-insurance-in-the-implementation-of-the-comesa-protocal