The African Continental Free Trade Area : perspectives for Africa, policy choices for Europe

Zusammenfassung: The Agreement Establishing the African Continental Free Trade Area (AfCFTA) came into force in May 2019. Ultimately the AfCFTA is designed to create a comprehensive African market; what is does at this stage is set in motion a set of complex and fore­seeably very lengthy negotiations. The outcome of that process will not yet be full free trade in Africa, but it will bring about a reduction in tariffs with the potential to stimulate production and trade and boost regional value chains. It is, however, too early to be discussing modifying the European Union’s trade policy towards Africa, or for this to be an issue for the upcoming German Council Presidency. Nevertheless, Germany and the European Union should continue to follow and support the process of establishing the AfCFTA, which is an important political process with significant long-term economic potential for Africa

Alternative title
Die Afrikanische Freihandelszone
Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
1 Online-Ressource (8 Seiten)
Language
Englisch
Notes
1 Illustration
English version of SWP-Aktuell 12/2020

Bibliographic citation
SWP comment ; 2020, no. 10 (March 2020)
SWP comment ; 2020, no. 10 (March 2020)

Keyword
Europäische Union
Wirtschaftsbeziehungen
Regionale Wirtschaftskooperation
Wirtschaftskooperation
Regionale Kooperation
Völkerrechtlicher Vertrag
Ziel
Wirtschaftspolitik
Wirtschaftswachstum
Liberalisierung
Außenhandel
Wettbewerbsfähigkeit
Wirkung
Auswirkung
Drittland
Entwicklung
Tendenz
Afrika

Event
Veröffentlichung
(where)
Berlin
(who)
SWP
(when)
March 2020
Creator
Contributor

DOI
10.18449/2020C10
URN
urn:nbn:de:101:1-2023112321441577863499
Rights
Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:22 AM CEST

Data provider

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Associated

Time of origin

  • March 2020

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