This article was originally written August 25th. It was meant to be longer. The African Trade Agreement is still a work in progess and the final tou.ches are being discuss, analysis and tested as we speak. Updates will be on the way.
After years of discussions, case studies, meditations, regional conferences and trade talks, Nigeria has signed onto the continental wide Africa Continental Free Trade Agreement. The agreement was originally signed in 21 March 2018. No it's not a copycat of the North America Free Trade Agreement. The ACFTA has been a long overdue and welcomed trade agreement that will ease restrictions and barriers on intra African trade among West to East Africa, North and South. African governments have long contemplated having a free trade and somewhat borderless trade routes that would make trading between Africa's five major economic union blocs ECOWAS, East African Community, Maghreb Union, Southern African Development Community and Economic Community of Central African States. Contrary to the Western media, the govenments of the mentioned economic unions do communicate among each other often in both African Union meetings and regional conferences. This has been decades in the making as Nigeria, Senegal, Guinea, Liberia and Ghana have been planning and building on the stepping stones of continent trade since 1970s. Intra African trade has already been increasing and growing. Landlock countries such as Ethiopia, South Sudan, Uganda and Mali rely on their coastal neighbors Senegal, Djibouti, Eritrea and Sudan for exports and imports including shipping Ethiopian made goods to neighboring countries and abroad. there's been talk among Kenya, Tanzania of forming an East African Federation. Many of the regional countries work in tandem with each other on regional intergration, free movement, easing visa restrictions, increase political cooperation, among other external trajectories.
After years of discussions, case studies, meditations, regional conferences and trade talks, Nigeria has signed onto the continental wide Africa Continental Free Trade Agreement. The agreement was originally signed in 21 March 2018. No it's not a copycat of the North America Free Trade Agreement. The ACFTA has been a long overdue and welcomed trade agreement that will ease restrictions and barriers on intra African trade among West to East Africa, North and South. African governments have long contemplated having a free trade and somewhat borderless trade routes that would make trading between Africa's five major economic union blocs ECOWAS, East African Community, Maghreb Union, Southern African Development Community and Economic Community of Central African States. Contrary to the Western media, the govenments of the mentioned economic unions do communicate among each other often in both African Union meetings and regional conferences. This has been decades in the making as Nigeria, Senegal, Guinea, Liberia and Ghana have been planning and building on the stepping stones of continent trade since 1970s. Intra African trade has already been increasing and growing. Landlock countries such as Ethiopia, South Sudan, Uganda and Mali rely on their coastal neighbors Senegal, Djibouti, Eritrea and Sudan for exports and imports including shipping Ethiopian made goods to neighboring countries and abroad. there's been talk among Kenya, Tanzania of forming an East African Federation. Many of the regional countries work in tandem with each other on regional intergration, free movement, easing visa restrictions, increase political cooperation, among other external trajectories.
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