Gambiaj.com – (BANJUL, The Gambia) – The Gambia has taken a significant step toward transforming its trade and logistics sector with the signing of the Trade Logistics Charter, an initiative aimed at enhancing economic growth and regional competitiveness. The event, held on Saturday at the State House, was witnessed by President Adama Barrow, members of the Trade Logistics Council, and representatives from the Tony Blair Institute for Global Change.

The Trade Logistics Charter is set to improve the efficiency of The Gambia’s trade ecosystem through streamlined customs processes, better asset management, and enhanced coordination among government agencies. It also outlines an ambitious infrastructure goal of constructing over 1,200 kilometers of roads nationwide to support trade operations.

Speaking ahead of the signing, Vice President Muhammad B.S. Jallow emphasized the transformative potential of the charter.

“This Charter acts as a foundation for improving the operational efficiency of our port and trade ecosystem,” Jallow said. “By the same token, it ensures that we jointly regain lost revenue and secure a brighter and more competitive future for The Gambia.”

The Ministry of Trade has played a central role in the charter’s development, enlisting the expertise of the Tony Blair Institute for Global Change to align its objectives with international standards set by the World Trade Organization (WTO).

The government has expressed confidence that the charter reflects its commitment to creating a more efficient trade landscape. The Trade Logistics Council will oversee its implementation, monitoring progress against key performance indicators and ensuring regular reporting to stakeholders.

By addressing inefficiencies in the trade sector, officials believe the initiative will attract investments and bolster The Gambia’s position in both local and regional markets, driving sustained economic growth.

The signing of the Trade Logistics Charter is being hailed as a landmark achievement in the country’s pursuit of a dynamic and modernized trade sector.