African leaders have agreed to create the continent’s largest free-trade zone, covering 26 countries in an area from Cape Town to Cairo. The Tripartite Free Trade Area (TFTA) will cap five years of negotiations.
Three existing trade blocs – the Southern African Development Community (Sadc); the East African Community (EAC) and the Common Market for Eastern and Southern Africa (Comesa) – are to be united into a single new zone.
Common Market for Eastern and Southern Africa (Comesa), East African Community (EAC), Southern African Development Community (Sadc), Tripartite Free Trade Area (TFTA)
This entry was posted on June 11, 2015, 8:13 PM and is filed under Geopolitical Issues, Globalization Challenges, International Trading, More Trade News in Brief, Trade Agreements. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.
Trade News in Brief
#1 by Jonas Aryee on June 16, 2015 - 4:13 PM
Reblogged this on promoting maritime development in Africa.
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#2 by debra hall on June 24, 2015 - 11:00 PM
thank you for sharing
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#3 by oldpoet56 on July 13, 2015 - 12:28 PM
I hope that this plan is not just good news for big investors but good for the everyday civilian of their countries.
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#4 by I-NETRADIO.COM on July 14, 2015 - 3:19 PM
Reblogged this on I-NETRADIO.
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