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After Months of Delays, AfCFTA Begins Operation


African countries began officially trading under a new continent-wide free trade area yesterday, after months of delays caused by the global coronavirus pandemic.
But experts view the New Year’s Day launch as largely symbolic with full implementation of the deal expected to take years.
The African Continental Free Trade Area (AfCFTA) aims to bring together 1.3 billion people in a $3.4 trillion economic bloc that will be the largest free trade area since the establishment of the World Trade Organization.
Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035. ....

Nana Akufo , Ziad Hamoui , W Gyude Moore , Borderless Alliance , Global Development , World Bank , World Trade Organization , New Year , African Continental Free Trade Area , World Trade , President Nana Akufo Addo , Wamkele Mene , West African , Silver Ojakol , எல்லையற்றது கூட்டணி , உலகளாவிய வளர்ச்சி , உலகம் வங்கி , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , புதியது ஆண்டு , உலகம் வர்த்தகம் ,

African free trade area launches after delays due to Covid-19


African free trade area launches after delays due to Covid-19
France 24
01/01/2021
NEWS WIRES
© Baz Ratner, Reuters
African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavirus pandemic.
But experts view the New Year s Day launch as largely symbolic with full implementation of the deal expected to take years.
The African Continental Free Trade Area (AfCFTA) aims to bring together 1.3 billion people in a $3.4 trillion economic bloc that will be the largest free trade area since the establishment of the World Trade Organization.
Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035. ....

Baz Ratner , Ziad Hamoui , W Gyude Moore , Borderless Alliance , Global Development , World Bank , World Trade Organization , New Year , African Continental Free Trade Area , World Trade , Silver Ojakol , West African , பாஸ் ர்யாட்‌நர் , எல்லையற்றது கூட்டணி , உலகளாவிய வளர்ச்சி , உலகம் வங்கி , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , புதியது ஆண்டு , உலகம் வர்த்தகம் ,

After months of COVID delays, African free trade bloc launches


African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavirus pandemic.
But experts view the New Year’s Day launch as largely symbolic with full implementation of the deal expected to take years.
The African Continental Free Trade Area (AfCFTA) aims to bring together 1.3 billion people in a $3.4 trillion economic bloc that will be the largest free trade area since the establishment of the World Trade Organization.
Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035. ....

Nana Akufo , Ziad Hamoui , W Gyude Moore , Borderless Alliance , Global Development , World Bank , World Trade Organization , New Year , African Continental Free Trade Area , World Trade , President Nana Akufo Addo , Wamkele Mene , West African , Silver Ojakol , எல்லையற்றது கூட்டணி , உலகளாவிய வளர்ச்சி , உலகம் வங்கி , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , புதியது ஆண்டு , உலகம் வர்த்தகம் ,