African Continental Free Trade Agreement
GPTKB entity
Properties (66)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
trade agreement
|
| gptkbp:activeDuring |
May 30, 2019
|
| gptkbp:aimsTo |
non-tariff barriers
create a single market for goods and services reducing_poverty_in_Africa |
| gptkbp:enactedBy |
30 countries as of 2021
|
| gptkbp:encourages |
investment_in_Africa
|
| gptkbp:enhances |
competitiveness_of_African_economies
|
| gptkbp:established |
gptkb:African_Continental_Free_Trade_Area
|
| gptkbp:facilitates |
intra-African_trade
|
| https://www.w3.org/2000/01/rdf-schema#label |
African Continental Free Trade Agreement
|
| gptkbp:involvedCountries |
55 African countries
|
| gptkbp:is_a_key_player_in |
economic_growth_in_Africa
|
| gptkbp:is_a_platform_for |
trade negotiations
trade facilitation measures trade policy harmonization negotiating trade rules |
| gptkbp:is_a_tool_for |
economic transformation
|
| gptkbp:is_aimed_at |
a_customs_union
|
| gptkbp:is_designed_to |
small and medium enterprises
sustainable economic growth free movement of people industrialization_in_Africa value_chains_in_Africa |
| gptkbp:is_expected_to |
regional cooperation
regional integration cross-border trade trade in services sustainable trade practices millions of jobs trade volume among member states Africa's_bargaining_power_in_global_trade a_more_competitive_African_market cultural_exchange_among_member_states food_security_in_Africa foreign_direct_investment_in_Africa innovation_in_Africa market_access_for_African_products technology_transfer_in_Africa trade_costs_in_Africa trade_relations_among_African_countries |
| gptkbp:is_governed_by |
gptkb:African_Union
|
| gptkbp:is_linked_to |
gptkb:African_Union's_Agenda_2063
address trade imbalances African_nations boost_intra-African_trade |
| gptkbp:is_part_of |
Agenda 2063
continental_integration_efforts |
| gptkbp:is_supported_by |
gptkb:African_Development_Bank
gptkb:United_Nations_Economic_Commission_for_Africa |
| gptkbp:isAssociatedWith |
gptkb:African_Economic_Community
African_integration_strategy African_trade_policy. |
| gptkbp:isSupportedBy |
job creation initiatives
|
| gptkbp:promotes |
economic integration
|
| gptkbp:providesOpportunitiesFor |
African_businesses
African_entrepreneurs |
| gptkbp:reduces |
tariffs on goods
|
| gptkbp:signature |
March 21, 2018
|
| gptkbp:significantEvent |
African_economic_independence
economic_unity_in_Africa |
| gptkbp:supports |
sustainable development
|
| gptkbp:was_a_response_to |
global trade challenges
the need for economic diversification the need for economic resilience the_African_Continental_Free_Trade_Area_initiative |