RTA and Economic Growth. The case of SADC - DAAD partnership ...
RTA and Economic Growth. The case of SADC - DAAD partnership ...
RTA and Economic Growth. The case of SADC - DAAD partnership ...
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Further, we note that the RECS’ major export destinations are the EU <strong>and</strong> USA, which constitute an<br />
average <strong>of</strong> 57 per cent <strong>of</strong> the exports <strong>of</strong> the African RECs. For some RECs, the EU <strong>and</strong> USA<br />
comprise more than 60 per cent <strong>of</strong> their export markets (see table). For RECs such as IOC <strong>and</strong><br />
UMA, about 80 per cent <strong>of</strong> their exports were destined, between 2000 <strong>and</strong> 2008, for the EU <strong>and</strong><br />
USA markets. Asia, <strong>and</strong> China in particular are important export markets for the RECs.<br />
Table: Direction <strong>of</strong> African RECs’ exports to African <strong>and</strong> non-African countries in US$<br />
millions, average between 2000 <strong>and</strong> 2008