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New on our Knowledge Center: From Regional Economic Communities to a Continental Free Trade Area

Published on February 22, 2018

RECs.JPGFrom Regional Economic Communities to a Continental Free Trade Area (CFTA) is a report by the United Nations Conference on Trade and Development (UNCTAD). It seeks to enhance knowledge among policymakers, experts and private sector stakeholders on essential policies and measures for establishing the CFTA and boost regional supply chains in agricultural commodities and processed food products. The report's network analysis shows which country has competitive advantage over others in each trade agreement or regional context. It also highlights overlapping regional agreements and identifies trade hubs within Africa.

The report carries out specific analysis of agricultural products, including those identified in the Abuja declaration. The ultimate purpose of this work is to inform African policy-makers with strategic tools to assist trade negotiations and agricultural policy design. Its focus is on the eight Regional Economic Communities that exist in Africa, as they do not only constitute key building blocks for economic integration, but are also important actors working in collaboration with the AU in ensuring peace and stability in their regions.