BUSINESS
Start van Afrika-brede vrijhandelszone
June 7, 2019 -
De African Continental Free Trade Area (AfCFTA) wordt een van ‘s werelds grootste binnenmarkten, die de economische groei over het hele
continent van 55 landen mogelijk kan stimuleren.
If all African nations join, the free trade area will cover more than 1.2 billion people and have a combined GDP of $2.5 trillion.
AfCFTA is meant to eliminate 90 percent of tariffs and create a single market with free movement of goods and services. Full implementation will take years.
The operational phase of the free trade area is expected to be formally launched on July 7 at a summit of the African Union in Niger.