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Realising One Market for Africa

Geoff Riley

16th July 2016

Can African achieve the creation of a continental free trade area by the end of 2017? Intra-regional trade within the African continent is less than 20% - much lower than other regions - and few countries have achieved sustained development without increasing their trade-to-GDP ratio. Here are links to news articles analysing some of the likely effects of a new free trade area for Africa. Import tariffs average less than 5% so the major challenge will be making significant progress in lowering some of the many non-tariff barriers or obstacles to trade.

Africa - 2016 Realizing Africa as One Market

From UNCTAD, a trade deal that could change the African continent - click here

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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