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Tripartite Agreement could boost intra-regional trade by one third

Published on October 12, 2015

Reflecting efforts to boost intra-regional trade and investment,  26 African countries have recently agreed to establish a Tripartite Free Trade Area (TFTA) by January 2016. The TFTA agreement comprises the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA), and the Southern African Development Community (SADC). With a total population of 638 million people and a total Gross Domestic Product (GDP) of USD 1.2 trillion, the TFTA will create Africa’s largest free trade area. Read more. Source | United Nations Economic Commission for Africa