India’s Commerce and Industry Minister Suresh Prabhu today pitched for a free trade agreement with Africa with a view to boosting economic ties between the two regions.
An extraordinary summit of the African Union is scheduled to be held in Kigali, Rwanda on 21 March 2018 to consider and sign the Framework Agreement Establishing the African Continental Free Trade Area (CFTA).
Free trade agreements represent a powerful source of pressure to privatise seeds and people’s knowledge connected to seeds.
Ministers of Trade from the African countries approved the broad structure of the Agreement.
The Conference gathered 35 participants, comprising leaders from African trade union centres, the ITUC-Africa, ETUC, and ITUC, and experts from civil society and academia.
The news that China will build a railway from the Red Sea city of Port Sudan to the Chadian capital of N’Djamena proves just how serious Beijing is about pioneering a transcontinental Sahelian-Saharan Silk Road.
The focus of the new development strategy is on private investment. For this, African countries should create more attractive framework conditions to attract European donors and provide guarantees and risk protection to private companies.
It is not clear whether the U.S. wants to change the AGOA deal before it expires in 2025 or extend it further - no decision was made on either count.
A more balanced trading relationship is vital in order to maintain support in Congress for AGOA, which allows for duty-free treatment of goods from eligible Sub-Saharan African countries, Lighthizer said.
With the Trump administration’s trade agenda focused on reining in China and renegotiating the North American Free Trade agreement, Africa has barely appeared on the radar screen.
Various steps have been taken by the Indian Government to enhance trade and commercial relations with African countries.
Report: Assessing the distributional impacts of an agreement such as the CFTA is crucial to ensure that human rights and trade are complementary.
Africa has moved an inch closer to realising the dream of a continent with a free trade area despite persisting stumbling blocks, if the third African ministers of trade meeting held in Niger is to be scrutinised.
The roadmap of the Continental Free Trade Area (CFTA) was adopted by the African Union in 2012 and the decision to launch the negotiations in June 2015 at the 25th Summit of the African Union, with the aim of implementing it by the end of 2017.
US Commerce Secretary delivered a tough message to African countries, urging them to strike bilateral trade deals with the United States and warning that the Trump administration would closely monitor their compliance with eligibility rules under the African Growth and Opportunity Act
The economist Ndongo Samba Sylla is a former advisor to the President of the Republic of Senegal. He explains why the Continental Free Trade Area is “suicide for African countries.”
The BRICS Group was born in the century XXI with renewed expectations of changes in the world order through greater participation of the Global South. However, what we have witnessed so far is the consolidation of a new/old unequal world order.
The 2017 deadline has arrived and the Continental Free Trade Area, formally adopted in 2012, is not yet a reality. But it’s not that far off either.
The meeting will be adopting the modalities that will guide the negotiations in Tariff liberalization and Trade in Services liberalization
Nigeria has commenced negotiations to facilitate the adoption of the Continental Free Trade Area after lagging behind among other trade blocs.