Tripartite Agreement could boost intra-regional trade by one third
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2015-10Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa.;Metadata
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The TFTA agreement comprises the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA), and the Southern African Development Community (SADC). With a total population of 638 million people and a total Gross Domestic Product (GDP) of USD 1.2 trillion, the TFTA will create Africa’s largest free trade area. The TFTA is estimated to increase regional welfare by US$2.4 billion, with South African consumers being among the main beneficiaries. Other principal beneficiaries include Angola, D.R. Congo, Tanzania and Egypt. However, the paper highlights the fact that more would need to be done to incentives both industrialization and intra-TFTA trade beyond the removal of tariff barriers.
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“United Nations. Economic Commission for Africa. (2015-10). Tripartite Agreement could boost intra-regional trade by one third. Addis Ababa:. © UN. ECA,. https://hdl.handle.net/10855/36279”Collections
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