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the African Continental Free Trade Area and the Action Plan for Boosting Intra-African Trade; COGNISANT of the launch of negotiations for the establishment of the Continental Free Trade Area aimed at integrating Africa’s markets in line with the objectives and principles enunciated in the Abuja Treaty during the
Africa’s competitiveness both in its own markets and globally. The AfCFTA is an important initiative in accelerating industrialisation and economic development across the African continent. Currently, South Africa’s primary export destination in Africa is the southern and eastern regions. The
The main objectives of the AfCFTA are: create a single continental market for goods and services, with free movement of business persons and investments. expand intra-Africa trade across the regional economic communities and the continent in general. enhance competitiveness and support economic transformation.
The main objectives of the African Continental Free Trade Area (AfCFTA) Agreement are to create a single continental market for goods and services, with free movement of business persons and investments, and thus pave the way for accelerating the establishment of a Customs Union in
African Continental Free Trade Area Transit Plates..... 136 ANNEX 9 on TRADE REMEDIES..... 137 AfCFTA GUIDELINES ON IMPLEMENTATION OF TRADE REMEDIES..... 143 PROTOCOL ON TRADE IN SERVICES ...
AfCFTA Rules of Origin are a set of criteria and conditions used to determine whether or not goods that are traded between State Parties are qualify as originating goods. 14. In accordance with the AfCFTA trade regime, Goods qualify for preferential tariff treatment if they originate in State Parties.
can be pursued through African institutions, including the African Accreditation Cooperation (AFRAC) or the African Organization for Standardization (ARSO), to simplify sanitary and phytosanitary requirements, and reduce technical barriers to trade.
