Finance:Tripartite Free Trade Area

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Short description: Proposed trade agreement


The Tripartite Free Trade Area (TFTA) is a proposed African free trade agreement between the Common Market for Eastern and Southern Africa (COMESA), Southern African Development Community (SADC) and East African Community (EAC).[1]

On June 10, 2015 the deal was signed in Egypt[2] by the countries shown below (pending ratification by national parliaments).

On June 15, 2015 at the 25th African Union Summit in Johannesburg, South Africa , negotiations were launched to create an African Continental Free Trade Area (CFTA) by 2017 with, it was hoped, all 54 African Union states as members of the free trade area.[3]

Country Current Trade Zone(s)
 Angola SADC
 Botswana SADC
 Burundi COMESA & EAC
 Comoros COMESA
 Djibouti COMESA
 Democratic Republic of the Congo COMESA & SADC
 Egypt COMESA
 Eritrea COMESA
 Eswatini COMESA & SADC
 Ethiopia COMESA
 Kenya COMESA & EAC
 Lesotho SADC
 Libya COMESA
 Madagascar COMESA & SADC
 Malawi COMESA & SADC
 Mauritius COMESA & SADC
 Mozambique SADC
 Namibia SADC
 Rwanda COMESA & EAC
 Seychelles COMESA & SADC
 South Africa SADC
 South Sudan EAC
 Sudan COMESA
 Tanzania SADC & EAC
 Uganda COMESA & EAC
 Zambia COMESA & SADC
 Zimbabwe COMESA & SADC

References

  1. ↑ "TRIPARTITE COOPERATION". South African Development Community. http://www.sadc.int/about-sadc/continental-interregional-integration/tripartite-cooperation/. 
  2. ↑ "Africa creates TFTA - Cape to Cairo free-trade zone". BBC News. https://www.bbc.com/news/world-africa-33076917. Retrieved 10 June 2015. 
  3. ↑ Luke, David; Sodipo, Babajide (23 June 2015). "Launch of the Continental Free Trade Area: New prospects for African trade?". International Centre for Trade and Sustainable Development. http://www.ictsd.org/bridges-news/bridges-africa/news/launch-of-the-continental-free-trade-area-new-prospects-for-african. Retrieved 26 December 2015. 

External links

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