Ethiopian parliament ratifies Africa free trade area agreement

Ethiopian Parliament _ Ethiopia
Ethiopian Parliament Building

March 22,2019

The House of People’s Representatives ratified the agreement to establish the African Continental Free Trade Area (AfCFTA) today (March 21).

The AfCFTA aims to create a single continental market for goods and services, with free movement of business persons and investments, and pave the way for accelerating the establishment of the Continental Customs Union and expand intra African trade through better harmonization and coordination of trade liberalization and facilitation regimes and instruments.

It will also expedite the regional and continental integration processes, as well as enhance competitiveness at the industry and enterprise level through exploiting opportunities for scale production, continental market access and better reallocation of resources.

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2 Responses to "Ethiopian parliament ratifies Africa free trade area agreement"

  1. Alula   March 25, 2019 at 10:41 am

    Ich hofe,das die East Africa word frieslich und freight gaescheft orientiert.

    The important think is peas.

    Thank you.

  2. Alula   March 26, 2019 at 7:59 am

    Pensso che questa facenda e molto importante,per noi africani.

    Spero che commincia a piu presto possibile con qiu comminciamo is nostro Bissines ordinamente.

    Grazie an tutti.



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