market of one point two billion people Archives - Jean-Jacques Cornish https://jjcornish.com/tag/market-of-one-point-two-billion-people/ The low down on African affairs Sat, 06 Jul 2019 22:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/jjcornish.com/wp-content/uploads/2020/05/cropped-Fountain_Pen_favicon-812.png?fit=32%2C32&ssl=1 market of one point two billion people Archives - Jean-Jacques Cornish https://jjcornish.com/tag/market-of-one-point-two-billion-people/ 32 32 Ghana beats off six challengers to host the African Free Trade secretariat https://jjcornish.com/2019/07/ghana-beats-off-six-challengers-to-host-the-african-free-trade-secretariat/ Sat, 06 Jul 2019 22:00:00 +0000 https://jjcornish.com/2019/07/ghana-beats-off-six-challengers-to-host-the-african-free-trade-secretariat/ Ghana’s beaten off the challenge of six other Africa nations to host the secretariat for the continent free trade authority. Diplomats from that country say African foreign ministers have made the decision to be inked by their leaders at their summit starting in Niger today.   The ultimate goal of the African Free Trade Agreement, […]

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]]> Ghana’s beaten off the challenge of six other Africa nations to host the secretariat for the continent free trade authority.

Diplomats from that country say African foreign ministers have made the decision to be inked by their leaders at their summit starting in Niger today.

 

The ultimate goal of the African Free Trade Agreement, which will come into force at the AU summit in Niamey, is to remove trade barriers and tariffs between the 55 members of the continental bloc.

For the time being, they will work on reducing high transport cost and cumbersome customs regimes that stop African countries trading with each other.

When all AU members are signed up the agreement will encompass a market of 1,2 billion people.

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