Foreign Minister Dr. Mamadou Tangara on Monday morning tabled an agreement before the National Assembly for adoption. The agreement accords the Bank diplomatic status which gives privileges such as immunities and concessions for the Bank to operate in The Gambia.
The main objective behind the establishment of the Africa Export – Import Bank is to facilitate, promote and expand intra Africa and extra Africa trade. The tabling of the agreement was backed by the fact that the Government of the Republic of The Gambia has obligations towards the Africa Export-Import Bank.
The Report which was adopted was delivered by the Honourable National Assembly Member for Wuli West, Sidia Jatta, who is the Chairman of the Standing Order Committee on Foreign Affairs. The Report got the approval of deputies for conferment of Diplomatic Status and that its establishment would further spur economic development required for the progress and well being of the citizenry.
Minister Tangara was accompanied to the National Assembly by the Permanent Secretary Ministry of Foreign Affairs, Mr.Sulayman Omar Njie.