UN Economic Commission for Africa Leader Pushes for Continued AfCFTA Progress
Adding in the unaffiliated African countries to the African Continental Free Trade Agreement remains an important step for the deal, said Giovanie Biha, the deputy executive secretary of the United Nation's Economic Commission for Africa in an ECA news release.…
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“AfCFTA legally entered into force but for it to deliver its transformative economic potential, the signatory countries -- and the few countries that have not yet signed -- must rapidly join and ratify the Agreement to ensure that the continent moves forward together as one entity,” Biha said during a meeting of the African Ministers of Trade. Biha said "difficult decisions," including tariff offer scheduling and finalized rules of origin, still need to be made and "compromises sought, as we transform the AfCFTA legal text into an operable instrument." Albert Muchanga, commissioner for trade and industry of the African Union Commission, said "the AfCFTA is a continuation of a long journey that started with the establishment of Regional Economic Communities as building blocks of the African Economic Community. From here, Africa has to move to the next stages of customs union, common market, monetary union and eventually African Economic Community.” The African Ministers of Trade will next meet in July at the Niamey African Union Summit.