ISDS Case Map
COMESA
If one takes a look at the real big winners in this project, it will soon be realized that multinational corporations mostly from Europe, North America and to some extent Asia which have set up base in Cairo, Johannesburg and Nairobi will be real winners.
The Tripartite Free Trade Area (FTA) by the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and the Southern African Development Community (SADC) will be launched in mid-December, 2014.
Three of Africa’s regional economic communities have agreed to launch the long-awaited Tripartite Free Trade Area at a joint summit of leaders from the regional groups scheduled for December in Egypt, APA learnt here Monday.
The government of Ethiopia is on the move to join the Common Market for Eastern and Southern Africa (COMESA) Free Trade Area (FTA) which enables the country to have preferential trade interaction between member countries.
Negotiations to set up a grand free trade zone encompassing 26 countries in eastern and southern Africa are progressing well and may be completed in 2015, a year before schedule, SADC officials reveal.
The Zambian government in collaboration with the Common Market for Eastern and Southern Africa (COMESA) has put in place a committee which will look at ways and means of increasing exports to the Africa Growth Opportunity Act market in the United States of America.
Kenyan sugarcane farmers and consumers face a bleak future, as Government departments tasked with implementing reforms in the sector drag their feet.
Zambia Sugar Plc has expressed concern at the non-application of tariffs on sugar imported outside the Common Market for Eastern and Southern Africa (COMESA) as it is displacing regional producers.
African high-level officials indicated recently that negotiations for the establishment of a free-trade area spanning three major regional economic communities in Africa have progressed well and could conclude by the end of this year.
African countries need to look at the possibility of fast-tracking the tripartite Free Trade Area if hopes of an improved intra-African trade are to be met anytime soon, according to the African Union Commission
