TRALAC - Trade Law Centre

Brookings Event: Re-examining trade with Africa under the African Continental Free Trade Agreement

Friday, 06 July 2018

Source: Brookings Institution

The African Continental Free Trade Agreement (CFTA) is a groundbreaking achievement in African diplomacy, trade, and economic development.

The potential to cover 1.2 billion people and over $4 trillion in combined consumer and business spending opens up the continent to new investors and better opportunities for its entrepreneurs.

Intra-African trade is expected to skyrocket, and with it, industry and manufacturing. At the same time, the agreement introduces opportunities to re-approach existing trade relationships, like the African Growth and Opportunity Act (AGOA), to make trade more beneficial for all. The signing of the agreement this spring, though, is still only an early step.

Large economies, such as Nigeria, still need to join. Regional and nationals interests will continue to throw up obstacles. Other negotiations over issues such as intellectual property still need to be hashed out.

On Friday, July 13, Deputy Chairperson of the African Union Commission H.E. Quartey Thomas Kwesi will join the Brookings Africa Growth Initiative David M. Rubenstein Fellow Landry Signé to discuss the next steps for implementing this groundbreaking trade agreement as well as examine how existing trade agreements, such as AGOA, will and should fit into the new global trade regime. Their conversation will be followed by a panel discussion.

After the program, the panelists will take audience questions.

 

Friday, Jul 13, 2018 2:00 PM- 3:45 PM EDT

Brookings Institution, Falk Auditorium

1775 Massachusetts Avenue N.W., Washington, DC, 20036

REGISTER  (external link)

 

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