- Dec 2021
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learn.diplomacy.edu learn.diplomacy.edu
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FTA;
AfCFTA --- Africa commenced implementation of their biggest FTA, the African Continental Free Trade Agreement (AfCFTA) at the beginning of this year 2021.The main objective of the AfCFTA is to eliminate or reduce tariff and non-tariff barriers amongst the 54 Countries that agreed to be members of the bloc by providing a single market for goods and services, facilitated by movement of persons in order to deepen the economic integration and prosperity of the continent. The AfCFTA will boost intra African Trade and further strengthen the bargaining power of Africa in international trade negotiations, something that many African nations feel they're currently lacking. The AfCFTA has been signed by 52 African Member States.
Source author: Lapologang Judah lapoduna@gmail.com
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