ISDS Case Map
AfCFTA
African Continental Free Trade Area
Africa Ministers of Trade have approved an agreement to give local traders access to the continental trade market.
An extraordinary summit of the African Union is scheduled to be held in Kigali, Rwanda on 21 March 2018 to consider and sign the Framework Agreement Establishing the African Continental Free Trade Area (CFTA).
The upcoming 30th Ordinary Session of the African Union (AU) Assembly of Heads of State and Government from January 28 to 29 is expected to receive a progress report on the status of negotiations of the African Continental Free Trade Area.
Free trade agreements represent a powerful source of pressure to privatise seeds and people’s knowledge connected to seeds.
Ministers of Trade from the African countries approved the broad structure of the Agreement.
Namibia is not ready to engage in the proposed African Continent Free Trade Area (CFTA), said the stakeholders present at the national level consultation on the initiative.
Report: Assessing the distributional impacts of an agreement such as the CFTA is crucial to ensure that human rights and trade are complementary.
In a tumultuous year for the global trading landscape, negotiations for a huge Africa-wide free trade area -- the Continental Free Trade Area, combining the economies of 55 states comprising 1.2 billion people in a market with a GDP of $2.19 trillion -- are progressing rapidly.
Nineteen countries have now signed the agreement. For benefits to actually be realized, it must be ratified by at least 14 of the 26 member countries. Only Egypt has ratified it.
A paltry eight African have so far ratified the Tripartite Free Trade Area (TFTA) more than two years after it was launched in Egypt, raising fears of a failed continental effort to create an expanded trade barrier free market.
