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The African Continental Free Trade Area (AfCFTA) [11] is a free trade area encompassing most of Africa. [12] [13] [14] It was established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free-trade area by number of member states, after the World Trade Organization, [15] and the largest in population and geographic ...
The Tripartite Free Trade Area ( TFTA) is a partially implemented African free trade agreement between the Common Market for Eastern and Southern Africa (COMESA), Southern African Development Community (SADC) and East African Community (EAC). [ 1] The 29 tripartite member/partner countries represent 53% of the African Union 's membership, more ...
The African Free Trade Zone ( AFTZ) is a free trade zone announced at the EAC-SADC-COMESA Summit on 22 October 2008 by the heads of Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). The African Free Trade Zone is also referred to as the African Free ...
List of multilateral free trade agreements. A multilateral free trade agreement is between several countries all treated equally, and creates a free trade area. Every customs union, common market, economic union, customs and monetary union and economic and monetary union is also a free trade area, and are not included below.
AfCFTA Dispute Settlement Mechanism. The AfCFTA Dispute Settlement Mechanism is a mechanism established under the Protocol on Rules and Engagement on the settlement of disputes under the African Continental Free Trade Area (AfCFTA) agreement. [1]
The African Continental Free Trade Area (ACFTA) was established by an agreement adopted in March 2018 and will be operational from 1 July 2020. [7] The African Investment Bank and African Monetary Fund are nominally established, with headquarters to be built in Tripoli, Libya and Yaoundé, Cameroon, respectively.
Map of East African Community and Africa. On top of free trade amongst the members of the EAC, these Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda joined together with the other members of the African Union to form the African Continental Free Trade Area (AfCFTA). The AfCTFA was ratified on March 21, 2018, and it creates a single ...
AU also launched the the African Continental Free Trade Area, a continent-wide free trade area estimated to be worth $3.4 trillion, which aims to create a single unified market for the continent ...