Scope of the African Continental Free Trade Area – Parts B (4 of 4)
We are hopeful that the detail around the Annexes will; eventually be published and we will have the opportunity to revisit this protocol.
We are hopeful that the detail around the Annexes will; eventually be published and we will have the opportunity to revisit this protocol.
We would like to kick this off by drawing your attention to Preamble by Member State representatives of the African Union (AU) on the Protocol on Trade in Services
In terms of article 3 of the (Continental Free Trade) Agreement, the principal objective of the protocol on Trade in goods is to create a liberalised market across the continent.
One of the specific objectives of the African Continental Free Trade Area Agreement is to progressively eliminate tariffs and non-tariff barriers to trade goods.
One of the Specific objectives of the African Continental Free Trade Area Agreement is for State Parties to cooperate on customs matters and the implementation of trade facilitation measures (Article 4 of the Agreement). This Annex delves into the very heart of this objective.
The objective of this Annex is to enable State Parties to work together to identify, categorise, monitor and subsequently eliminate Non-Tariff Barriers.
The Protocol of Trade in Goods objectives is very much aligned and perhaps a subset of the Specific Objectives of the African Continental Free Trade Area (See Article 4 of the African Continental Free Trade Area Agreement).
PanAfreeka’s Seven main themes of the African Continental Free Trade Area Agreement in the table below.
The African Continental Free Trade Area Agreement (AfCFTA) is not only an AU Agenda 2063 flagship project in its own right, but also contributes to other AU Agenda 2063 flagship projects.
The first aspiration of Agenda 2063 on the journey to creating the Africa we want is to deliver a prosperous Africa based on inclusive growth and sustainable development