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RSS FeedsAfrica is bucking the trade-war trend with a pact that would transform the continent into the world`s biggest free trade area. But will it work?
(WorldNews China)

 
 

13 july 2019 14:50:09

 
Africa is bucking the trade-war trend with a pact that would transform the continent into the world`s biggest free trade area. But will it work?
(WorldNews China)
 


Just as trade wars and Brexit are splitting alliances apart, at least one area of the world is coming together. This week all but one African country signed a continent-wide free trade agreement — the African Continental Free Trade Area — which economists are saying could open up the region for increased development. What the agreement aims to eventually achieve is a potential European Union-like allowance for free movement across the continent, tariff-free trade and perhaps even a common currency. Put simply, Africa as a continent has struggled with economic development. And while there are hundreds of reasons, communication across the continent is a key factor. The African...


 
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