Maiden Togo-EU economic forum begins in Lome

The European Union and Togo have come together for the maiden Togo-European Economic Forum, a platform aimed at enhancing the economic ties between the two entities. The President of Togo, Farig Nasibeh, emphasized the historical connection and the shared desire for cooperation in his speech at the forum. Nasibeh highlighted the importance of sustainable development in African countries and the role of collaboration in achieving this goal. President Nasibeh expressed his gratitude for the partnership between the European Commission and the Togolese Government, emphasizing their shared commitment to promoting investment and job creation. He underscored the significance of solidarity in making progress towards common objectives and acknowledged the role of mobilization in the success of the forum. The European Union and Togo have a long-standing relationship characterized by diplomacy, cooperation, and dialogue. Through initiatives like the National Development Plan 2018-2022, Togo aims to achieve comprehensive economic transformation, focusing on growth acceleration and inclusive development. The country has leveraged public investments to modernize its economy and improve infrastructure, resulting in stable growth rates. Looking ahead, Togo plans to further enhance economic development by engaging the private sector and investing in projects with high job creation potential. The recent passing of a new investment code reflects Togo's commitment to creating an attractive investment environment. President Nasibeh applauded the alignment between Togo's approach and the European Commission's Africa-Europe alliance for investment in sustainable jobs. The forum serves as a platform to stimulate private investments and address contemporary challenges through job creation. By encouraging the creation of sustainable jobs, Togo aims to drive development and provide opportunities for growth and dynamism in the economy. The collaboration between Europe and Togo is central to these efforts and will be a focal point of discussions during the forum. The ongoing Togo-EU Economic Forum marks a significant step towards fostering cooperation and partnership for sustainable development. Through dialogue, mutual support, and shared objectives, both entities are committed to advancing economic growth and prosperity in the region.