African Continental Free Trade Agreement Current Affairs, GK & News
At the summit of the African Union (AU) held at Niamey, the capital of the Niger Republic 54 of 55 of its member states signed the African Continental Free Trade Agreement (AfCFTA) for goods and services and 27 countries have already ratified it. The AfCFTA would create an African Common Market of 1.2 billion people and ..
Topics: AfCFTA • African Continental Free Trade Agreement • African Development Bank • African Union • Continents • Economy • Free trade agreements • International trade • Jumia • Tariff • Trade blocs
India has extended US$ 15 million grant assistance to Niger in support of organizing of the African Union (AU) summit scheduled from 7-8 July, 2019 in Niamey, the capital of Niger. The support of grant assistance was in response to a specific request made by Government of Niger. Niger is hosting the AU Summit for ..
Category: Summits and Conferences
The African Continental Free Trade Area is the result of the African Continental Free Trade Agreement among all 55 members of the African Union. If ratified, the agreement would result in the largest free-trade area in terms of participating countries since the formation of the World Trade Organization. African heads of state gathered in Kigali, Rwanda in March 2018 to sign the proposed agreement. Forty-four of ..
Topics: Africa • African Continental Free Trade Agreement • African Continental Free Trade Area • African Union • CFTA • Continents • Free trade • Free trade agreements • Free-trade area • International Trade • Trade blocs