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Unlocking Africa's trade potential: promises and pitfalls of the African Continental Free Trade Area Agreement
The Nordic Africa Institute, Research Unit.ORCID iD: 0000-0003-4078-7349
The Nordic Africa Institute, Research Unit.ORCID iD: 0000-0002-6764-1887
Regional Integration and Trade Division, United Nations Economic Commission for Africa (UNECA).
2023 (English)Report (Other academic)
Sustainable development
Agenda 2030: SDG 1, Agenda 2030: SDG 8, Agenda 2030: SDG 10
Abstract [en]

Africa’s countries have agreed to form the world's largest free trade area, the African Continental Free Trade Area (AfCFTA). The purpose is to create a single market by eliminating trade and labour barriers. This is expected to increase trade both within Africa and with other regions. However, past trade reforms have not been very successful. Moreover, the effects of the AfCFTA may vary greatly from country to country due to differences in political will, capacity and economic structure. The key to making it work is to facilitate trade and reduce non-tariff trade barriers, while taking into account the diversified political and economic context.

Place, publisher, year, edition, pages
Uppsala: Nordiska Afrikainstitutet, 2023. , p. 7
Series
NAI Policy Notes, ISSN 1654-6695 ; 2023:2
Keywords [en]
Africa, Exports, Free trade, Free trade areas, Recommendations, Trade agreements, Trade policy, African Continental Free Trade Area (AfCFTA)
National Category
Economics
Identifiers
URN: urn:nbn:se:nai:diva-2861ISBN: 978-91-7106-898-9 (electronic)OAI: oai:DiVA.org:nai-2861DiVA, id: diva2:1777278
Available from: 2023-06-29 Created: 2023-06-29 Last updated: 2023-06-30Bibliographically approved

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Levin, JörgenAbu Hatab, Assem
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CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
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Language
  • de-DE
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More languages
Output format
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