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Assessing Regional Integration in Africa V: Towards an African Continental Free Trade Area

Author: United Nations Economic Commission for Africa
Organisation: United Nations Economic Commission for Africa
Publish Date: 2012
Country: Africa
Sector: Development
Theme: Trade Relations
Type: Report
Language: English
Tags: Regional Integration, Africa

ARIA V provides a timely analysis of how various steps are accelerating the continental FTA, and the tangential tasks of removing all obstacles to the free movement of goods, services, people, investment and capital across the continent. It shows that the continental FTA needs to be boosted by efforts to establish viable transport networks and enhanced trade-facilitation measures across the continent, and thus contribute to lower costs of production and marketing of goods and services. Similarly, the continental FTA has to be supported by integrated energy resources, by harmonized investment, tax and tariff codes, by other behind-the-border procedures as well as by an improved economic environment through adherence to common standards of sound macro-economic management. A continental FTA can only be meaningful if policymakers also give due consideration to these enabling factors.
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