Posts Tagged Southern African Development Community (Sadc)
Africa Creates TFTA – Cape to Cairo Free Trade Zone
Posted by Bogdan Marius Beleuz in Geopolitical Issues, Globalization Challenges, International Trading, More Trade News in Brief, Trade Agreements on June 11, 2015
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.