In their article for The Conversation, GovInn researcher Frank Mattheis and Ueli Staeger from the Graduate Institute argue that more work lies ahead to make Africa’s new free trade area work. Although the AfCFTA has gained more momentum than previous initiatives to liberalise trade in Africa, there is a rocky road ahead: the remaining diplomatic, technical and social challenges are significant.
However, the practical implications of the continental free trade area are not immediate. Significant work is required to deliver tangible results. Negotiations on tariffs, time lines and the seat of the AfCFTA Secretariat are still ongoing. And without effective public policies, liberalising trade risks having negative implications for many people on the continent.
You can read the full article here.