The Common Market for Eastern and Southern Africa (COMESA) Council of Ministers has appreciated the progress made so far in the negotiating process that include finalising the outstanding work in Phase 1 of the Tripartite Free Trade Area Agreement (TFTA).
New Delhi to explore potential trade pacts with individual countries.
Formal negotiations are taking place among the 54 member States of the African Union to create a free-trade zone on the continent by 2017.
African leaders have established a single free trade area encompassing 26 countries and 625 million people in eastern and southern Africa. And next week, they’ll kick off a process to negotiate an all-Africa trade pact.
African countries will launch the Continental Free Trade Agreement (CFTA) negotiations at the upcoming African Union Summit scheduled for mid-June this year, it was announced on Thursday.
Treasure Maphanga is one of Africa’s most important women, with arguably the continent’s toughest job on her hands: driving the establishment and implementation of a Continental Free Trade Area (CFTA).