Topic: Here are the 5 operational instruments of the African Continental Free Trade Area, AfCFTA  (Read 762 times)

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Here are the 5 operational instruments of the African Continental Free Trade Area, AfCFTA

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  • African leaders kick off operational phase of the African Continental Free Trade Area, AfCFTA.
  • AU also ratifies five operational instruments of the AfCFTA
  • Ghana selected as the host of the secretariat of the AfCFTA.

               
           
               
                   

The operational phase of the African Continental Free Trade Area, AfCFTA has kicked off with five instruments.


               
           
               
                   

In a statement issued at the end of the 12th Extraordinary Session of the Assembly of African Union Heads of State and Government, Africa leaders revealed five operational instruments that will govern the activities of the AfCFTA.


               
           
               
                   

The five operational instruments include;


               
           
               
                   
  • Rules of Origin
  • Online negotiating forum
  • Monitoring and elimination of non-tariff barriers
  • Digital payments system

 

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