The African Continental Free Trade Area (AfCFTA) agreement took effect on May 30. It is expected that the free trade area will be officially launched on July 7. As of the end of May, 52 out of the 55 African Union (AU...The African Continental Free Trade Area (AfCFTA) agreement took effect on May 30. It is expected that the free trade area will be officially launched on July 7. As of the end of May, 52 out of the 55 African Union (AU) members have signed the agreement, except for Nigeria, Eritrea and Benin. According to the AU, when all of its 55 members sign up, the AfCFTA will be the world s largest free trade area in terms of membership since the founding of the World Trade Organization, and will be a huge market covering 1.2 billion people and a collective GDP of $2.5 trillion.展开更多
文摘The African Continental Free Trade Area (AfCFTA) agreement took effect on May 30. It is expected that the free trade area will be officially launched on July 7. As of the end of May, 52 out of the 55 African Union (AU) members have signed the agreement, except for Nigeria, Eritrea and Benin. According to the AU, when all of its 55 members sign up, the AfCFTA will be the world s largest free trade area in terms of membership since the founding of the World Trade Organization, and will be a huge market covering 1.2 billion people and a collective GDP of $2.5 trillion.
