African Continental Free Trade Area
E11680
The African Continental Free Trade Area is a pan-African trade bloc aimed at creating a single continental market to boost intra-African trade, economic integration, and development across African Union member states.
Aliases (2)
Statements (51)
| Predicate | Object |
|---|---|
| instanceOf |
free trade area
→
international agreement → trade bloc → |
| continent |
Africa
→
|
| entryIntoForceDate |
2019-05-30
→
|
| founder |
African Union
→
|
| headquartersCity |
Accra
→
|
| headquartersCountry |
Ghana
→
|
| language |
Arabic
→
English → French → Portuguese → Spanish → |
| legalBasis |
Agreement Establishing the African Continental Free Trade Area
→
|
| membershipStatus |
open to all African Union member states
→
|
| memberType |
African Union member state
→
|
| negotiationPhase |
Phase I
→
Phase II → |
| objective |
boost intra-African trade
→
create a single continental market for goods and services → facilitate movement of capital and people → lay the foundation for a continental customs union → promote economic integration in Africa → support sustainable development in African countries → |
| parentOrganization |
African Union
→
|
| phaseIISubject |
competition policy
→
intellectual property rights → investment → |
| phaseISubject |
dispute settlement mechanism
→
trade in goods → trade in services → |
| policyArea |
economic integration
→
non-tariff barrier reduction → regulatory cooperation → tariff reduction → trade liberalization → |
| relatedInitiative |
African Union Agenda 2063
→
|
| relatedOrganization |
Regional Economic Communities in Africa
→
|
| scope |
competition policy
→
dispute settlement → intellectual property rights → investment → trade in goods → trade in services → |
| secretariat |
AfCFTA Secretariat
→
|
| secretariatLocation |
Accra
→
|
| shortName |
AfCFTA
→
|
| signingCity |
Kigali
→
|
| signingCountry |
Rwanda
→
|
| signingStartDate |
2018-03-21
→
|
| tradingStartDate |
2021-01-01
→
|
Referenced by (8)
| Subject (surface form when different) | Predicate |
|---|---|
|
AfCFTA Secretariat
("Agreement Establishing the African Continental Free Trade Area")
→
African Continental Free Trade Area ("Agreement Establishing the African Continental Free Trade Area") → |
legalBasis |
|
AfCFTA Secretariat
("Agreement Establishing the African Continental Free Trade Area")
→
|
establishedBy |
|
Agenda 2063
→
|
hasFlagshipProject |
|
Africa
→
|
hasRegionalOrganization |
|
African Monetary Union
→
|
relatedTo |
|
African Continental Free Trade Area
("AfCFTA")
→
|
shortName |
|
Tunisian economy
→
|
tradeBlocMembership |