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Africa Continental Free Trade Area moves ahead

June 6, 2018 By International Trade Compliance Blog 2 Mins Read

As we reported on March 30, 2018, 44 African governments signed onto the legally-binding Africa Continental Free Trade Area (AfCFTA) during an extraordinary AU summit this past March. The AfCFTA is intended to lead to greater economic integration between African countries and drive continental economic growth.

On May 23, 2018, the US Foreign Agricultural Service in Addis Ababa reported that in May, Kenya and Ghana ratified the AfCFTA, while other countries, like Rwanda, Niger, and Ethiopia, have indicated they will ratify soon. The report said, in part:

African countries launch African Continental Free Trade Area (AfCFTA)

March 30, 2018 By International Trade Compliance Blog 3 Mins Read

On 21 March 2018, in Rwanda, the following African countries signed the Agreement Establishing the African Continental Free Trade Area (AfCFTA) at the 10th Extraordinary Session of the African Union Assembly on the Launch of AfCFTA.

EU launches negotiations to deepen trade relations with Eastern and Southern Africa countries

October 4, 2019 By International Trade Compliance Blog 2 Mins Read

On 2 October, 2019, in Mauritius, the EU started negotiations with five Eastern and Southern Africa partners (so-called ESA: Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe) to deepen the existing Economic Partnership Agreement. Given the positive results generated by the current agreement, now in its 8th year of implementation, the five countries have declared their readiness to move beyond trade in goods, towards a more comprehensive agreement. The EU has welcomed this step, especially in the context of…