SPECIAL

agathanderitu

VYaj9

UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT

SPECIAL

EDITION

BUILDING THE AFRICAN

CONTINENTAL FREE TRADE AREA:

SOME SUGGESTIONS ON THE WAY FORWARD


UNITED NATIONS


ii

a) The vision .................................................................................................................................... 1

b) The potential benefits ................................................................................................................. 2

c) Major challenges ......................................................................................................................... 3

d) Right mix of ambition and realism .............................................................................................. 5

a) Foundations for the Continental Free Trade Area: Regional economic communities and the

Tripartite Free Trade Area .................................................................................................................. 5

b) Trade agreements with external partners .................................................................................. 6

c) A clearer division of labour between regional economic communities and the Continental

Free Trade Area................................................................................................................................... 7

a) A comprehensive Continental Free Trade Area .......................................................................... 7

b) Eliminating tariffs and non-tariff barriers on trade between African countries ......................... 8

c) Services trade agreement ......................................................................................................... 11

d) Investment and competition .................................................................................................... 12

e) Trade facilitation ....................................................................................................................... 13

f) Regional value chains, especially in the agricultural sector ...................................................... 13

g) Dispute settlement/avoidance ................................................................................................. 14

h) World Trade Organization compatibility .................................................................................. 14


1


2


3


4


5


6


7


8


9

45.0

40.0

35.0

30.0

25.0

20.0

15.0

10.0

5.0

0.0

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Tariff year

Simple average Weighted average

4 000 000

3 500 000

3 000 000

2 500 000

2 000 000

1 500 000

1 000 000

500 000

0

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Simple average

Tariff year

Tariff revenue-weighted average


10


11


12


13


14


15


16


17


18


19


20

Similar magazines