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Tripartite Africa free trade zone now preparing for launch in May

Published on February 25, 2015

Negotiations have been finalized in preparation for the launch of Africa’s largest free trade area in May, officials said on Tuesday. The Common Market for Eastern and Southern Africa (COMESA) Assistant Secretary Kipyego Cheluget told a media briefing in Nairobi that the free trade zone will result from merger of the East African Community (EAC), Southern Africa Development Community (SADC) and COMESA. "All the 26 member states in the three trading blocs have expressed great political will to allow the free movement of goods and services by end of May," Cheluget said during the opening ceremony of the Afrik4r-Comesa 1st peer review meeting. Read more. Source|Coastweek.com