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
|