Among the new institutions, I am pleased to see that the COMESA Fund will soon be up and running with its two windows, the Adjustment Facility and the COMESA Infrastructure Fund, based here in Mauritius. The first window addresses the problems related to liberalization of the economies of member-states while the second window addresses infrastructural problems of the region.
Out of the EU allocation of € million, a sum of € million has already been disbursed. The pilot Aid-for-Trade programme for the North/South Corridor has mobilized nearly $ billion, with a further programme planned for the rest of the COMESA region. We have every reason to believe that the COMESA Fund will hit the ground running!