13 February 2018

Africa: SAATM Gallops Africa's Economic Integration

" Africans are so fascinated to hear about the single African Air Transport Market(SAATM) as it expedites the economic integration in the continent ," said Dr.Degye Goshu, Associate Professor of Economics Department of Economics at Kotebe Metropolitan University.

In his recent interview with The Ethiopian Press Agency ,he reiterated that if all African countries put in to effect SAATM as early as possible, their overriding aspirations and goals depicted in Agenda 2063 will become true.

He also noted that SAATM would create single unified air transport market in Africa via liberalizing civil aviation and removing tariff and non-tariff barriers . " It as well stimulates the flow of private capital into the civil aviation industry."

Speaking of the advantages of SAATM, he indicated that it would play a major role in connecting Africa for attaining social, economic and political integration and enhancing trade among African countries.

Moreover,improved intra-Africa connectivity facilitates business and trade, enables tourism, connects people, and promotes the exchange of knowledge and ideas,he added.

As to him, SAATM has wider economic benefits of enhanced connectivity in terms of creating fast mobility transition , dynamic business climate and opportunity for competitive civil aviation industry as well as increased foreign direct investment

Pointing out the challenges in implementing SAATM , Dr.Degye said some people think that SAATM would reduce domestic jobs from the increased air connectivity of countries with weak airlines while strong airlines with better global experiences may outsource jobs to emerging markets without adequate labor protections..

He ,however ,said that SAATM would create a sustainable competitive advantage to countries with strong airlines like Ethiopian.

"The fate of SAATM may be determined by the AU's capacity and willingness to increase accountability of member states for continental policies and implementation of the open sky market policy across the entire continent."

It is to be recalled that the free market covers 23 countries Benin, Botswana, Burkina ,Faso, Cabo Verde, Congo, Cote d'Ivoire, Egypt, Ethiopia, Gabon, Ghana, Guinea, Kenya, Liberia,Mali, Mozambique, Niger, Nigeria, Rwanda, Sierra Leone, South Africa, Swaziland, Togo and Zimbabwe.

Africa

African Expertise Key to Stopping Ebola - Then and Now

An Ebola outbreak in the eastern part of Democratic Republic of Congo (DRC) is once again straining Africa's medical… Read more »

See What Everyone is Watching

Copyright © 2018 The Ethiopian Herald. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.