African Continental Free Trade Area

GPTKB entity

Statements (64)
Predicate Object
gptkbp:instance_of gptkb:international_treaties
gptkbp:addresses trade barriers
gptkbp:aims_to create a single market
gptkbp:collaboration African nations
gptkbp:driver economic growth in Africa
gptkbp:encourages industrialization
gptkbp:enhances competitiveness of African economies
gptkbp:established gptkb:2021
gptkbp:facilitates free movement of goods
free movement of services
free movement of investment
gptkbp:goal increase intra-African trade
gptkbp:governed_by gptkb:African_Continental_Free_Trade_Area_Agreement
gptkbp:headquarters gptkb:Accra,_Ghana
https://www.w3.org/2000/01/rdf-schema#label African Continental Free Trade Area
gptkbp:includes protocols on investment
protocols on trade in services
protocols on trade in goods
gptkbp:involves African Union member states
gptkbp:is_a_framework_for regional cooperation
trade liberalization
trade policy harmonization
gptkbp:is_a_key_component_of African economic development strategy
gptkbp:is_a_platform_for negotiating trade agreements
regional trade negotiations
gptkbp:is_a_significant_initiative_for African development.
gptkbp:is_aimed_at enhancing regional value chains
gptkbp:is_anticipated_by improve trade infrastructure
gptkbp:is_associated_with African Union's Agenda 2063 goals
gptkbp:is_designed_to reduce dependency on external markets
promote economic diversification
facilitate trade facilitation measures
gptkbp:is_expected_to reduce poverty
enhance market access
create jobs
foster innovation
strengthen supply chains
increase foreign direct investment
increase trade volume
boost GDP by $3 trillion
enhance competitiveness of African products
enhance trade relations among member states
gptkbp:is_linked_to gptkb:African_Growth_and_Opportunity_Act
gptkbp:is_part_of African Union initiatives
continental integration efforts
gptkbp:is_supported_by gptkb:UN_Economic_Commission_for_Africa
various international organizations
gptkbp:members 55 African countries
gptkbp:originated_in African economic unity
gptkbp:promotes gptkb:sustainable_development
gptkb:economic_integration
gptkbp:ratified_by gptkb:2020
gptkbp:reduces tariffs
gptkbp:signed_by March 2018
gptkbp:strategic_goals regional stability
gptkbp:supports gptkb:African_Union_Agenda_2063
gptkbp:was_a_catalyst_for socio-economic development
gptkbp:was_a_response_to global trade challenges
the need for economic resilience
the need for a unified market
gptkbp:bfsParent gptkb:UN_Economic_Commission_for_Africa
gptkb:African_Union
gptkb:The_African_Union
gptkbp:bfsLayer 4