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African Continental Free Trade Area discussed and UNCTAD's suggestions presented

Published on May 20, 2015

In June 2015, the African Union (AU) Summit is expected to adopt the negotiating guidelines and roadmap for the creation of the African Continental Free Trade Area (CFTA) by 2017.

In preparation for this, the AU Commission (AUC), in collaboration with regional and international organizations, including UNCTAD, carried out technical analyses and held intergovernmental discussions to prepare the negotiating guidelines and roadmap.

UNCTAD participated in a dedicated meeting of AU Trade Experts in Addis Ababa from 8 to 10 May 2015 to consider the objectives and principles for CFTA negotiations, and the associated roadmap and schedule for the setting up of the CFTA. The Trade Experts recommendations would be submitted to Senior Officials who would then recommend them to Trade Ministers. Read more. Source | UNACTAD