{"id":262,"date":"2021-05-14T10:49:00","date_gmt":"2021-05-14T08:49:00","guid":{"rendered":"https:\/\/panafreeka.com\/?p=262"},"modified":"2021-05-17T18:59:25","modified_gmt":"2021-05-17T16:59:25","slug":"general-objectives-of-the-africa-continental-free-trade-area-part-4-of-8","status":"publish","type":"post","link":"https:\/\/panafreeka.com\/index.php\/2021\/05\/14\/general-objectives-of-the-africa-continental-free-trade-area-part-4-of-8\/","title":{"rendered":"General Objectives of the Africa Continental Free Trade Area (Part 4 of 8)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"262\" class=\"elementor elementor-262\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-47783d41 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"47783d41\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-51086fb7\" data-id=\"51086fb7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19fadce4 elementor-widget elementor-widget-text-editor\" data-id=\"19fadce4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p><!-- wp:image {\"id\":223,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} --><\/p>\n<h3 class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"927\" height=\"518\" class=\"wp-image-223\" src=\"https:\/\/panafreeka.com\/wp-content\/uploads\/2021\/02\/7key-bann-1.jpg\" alt=\"\" srcset=\"https:\/\/panafreeka.com\/wp-content\/uploads\/2021\/02\/7key-bann-1.jpg 927w, https:\/\/panafreeka.com\/wp-content\/uploads\/2021\/02\/7key-bann-1-300x168.jpg 300w, https:\/\/panafreeka.com\/wp-content\/uploads\/2021\/02\/7key-bann-1-768x429.jpg 768w\" sizes=\"(max-width: 927px) 100vw, 927px\" \/><\/h3>\n<p><!-- \/wp:image --><!-- wp:heading {\"level\":3} --><\/p>\n<h2><strong><em><strong><em>Theme 3\u00a0<\/em><\/strong>&#8211; (Contribute to other Agenda 2063 Flagship Projects)<\/em><\/strong><\/h2>\n<p><!-- \/wp:heading --><!-- wp:paragraph --><\/p>\n<p>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<strong>\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/panafreeka.com\/index.php\/category\/agenda-2063-flagship-projects\/\" target=\"_blank\" rel=\"noopener\">AU Agenda 2063 flagship projects<\/a>.<\/span><\/strong><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<h3 style=\"text-align: center;\">Other Agenda 2063 Flagship Projects<\/h3>\n<p>Amongst the general objectives of the AfCFTA is the intent to contribute to the movement of capital and natural persons as well as to facilitate investments. T<span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); font-size: 1rem;\">hese objectives are directly related and aligned to the <\/span><strong style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-size: 1rem;\">African passport and free movement of people flagship project<\/strong><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); font-size: 1rem;\">\u00a0as well as the <\/span><strong style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-size: 1rem;\">Continental financial institutions flagship projects.<\/strong><\/p>\n<p><em>For more on these flagship projects, you may want to visit our other publications i.e. <a href=\"https:\/\/panafreeka.com\/index.php\/2021\/01\/07\/agenda-2063-flagship-projects-lowering-barriers-to-intra-african-movement\/\"><strong>Agenda 2063 flagship projects &#8211; lowering barriers to intra-African movement<\/strong><\/a> for more information on <span style=\"text-decoration: underline;\">African Passport and free movement of people<\/span> and <a href=\"https:\/\/panafreeka.com\/index.php\/2021\/01\/07\/overview-of-agenda-2063-flagship-projects-trade-and-finance\/\"><strong>Agenda 2063 flagship projects &#8211; Trade and Finance<\/strong><\/a> for more information on <span style=\"text-decoration: underline;\">Continental Financial institutions flagship projects.<\/span><\/em><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>The Agenda 2063 flagship projects are not independent of each other. Expressions such as bringing African markets together, deepening economic integration and creating liberalised markets for goods and services can only succeed if it brings together amongst other things, human resources (people) and capital (finance). So the African passport and free movement of people and Continental financial institutions flagship projects will help remove the barriers to free movement and barriers to capital inflows. Furthermore, it will assist in expanding financial institutional mandates, revisiting policies and pieces of legislation and regulation that can negatively impact the free market for goods and services.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>To conclude the contribution to other flagship projects, we believe that other flagship projects can also contribute to the African Continental Free Trade Area Agreement considering that the ongoing implementation and execution of this Agreement is a real time ongoing project from which lessons can be drawn and these lessons can in turn be used to improve and refine the implementation and operations of other flagship projects.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:table --><\/p>\n<figure class=\"wp-block-table\">\n<table>\n<tbody>\n<tr>\n<td>\n<h4><strong>References (Ref.)<\/strong><\/h4>\n<p>Agreement Establishing the African Continental Free Trade Area \u2013 African Union\u00a0<\/p>\n<p><a href=\"https:\/\/www.weforum.org\/agenda\/2016\/01\/how-africa-can-feed-the-world\/\">https:\/\/www.weforum.org\/agenda\/2016\/01\/how-africa-can-feed-the-world\/<\/a><\/p>\n<p><a href=\"https:\/\/au.int\/en\/agenda2063\/aspirations\">https:\/\/au.int\/en\/agenda2063\/aspirations<\/a><\/p>\n<p>African Continental Free Trade Area Question and Answers \u2013 United Nations Economic Commission for Africa (Africa Union)<\/p>\n<p><strong>https:\/\/www.sacu.int\/show.php?id=394<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h4><strong>Useful Links (UL)<\/strong><\/h4>\n<p><strong>https:\/\/au.int\/en\/agenda2063\/overview\u00a0<\/strong><\/p>\n<p>The Continental Free Trade Area (CFTA) in Africa (A Human Rights Perspective) \u2013 United Nations Economic Commission for Africa<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><!-- \/wp:table --><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":1,"featured_media":263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[20],"tags":[8,15,10,9,7,11],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>General Objectives of the Africa Continental Free Trade Area (Part 4 of 8)<\/title>\n<meta name=\"description\" content=\"The African Continental Free Trade Area Agreement (AfCFTA) is not only 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