African Continental Free Trade Area as a New Step in African Integration

Tat`yana Aleksandrovna Bakven`e and Olga Vladimirovna Ponomareva
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Tat`yana Aleksandrovna Bakven`e: Russian Foreign Trade Academy, Moscow, Russia
Olga Vladimirovna Ponomareva: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2021, issue 11, 58-71

Abstract: The African Continental Free Trade agreement Area entered into force in May 2019. This framework agreement is based on the regional blocs already formed in Africa, including the Tripartite Agreement. So far the countries have agreed on key horizontal provisions. Specific market access obligations for trade in goods and services are under consideration. If completed, the African Continental Free Trade Area will become a regional mega-bloc and mark a new stage of integration in Africa.

Keywords: Regional integration; trade policy; free trade area; framework agreement; market access; trade facilitation; African Continental Free Trade Area; Africa. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2021_11_58-71

DOI: 10.24412/2072-8042-2021-11-58-71

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