The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

Towards a Continental Free Trade Area

Addis Ababa, Ethiopia - 24 February, 2016

The 1st Meeting of the Continental Free Trade Area Negotiating Forum (CFTA-NF), kicked off at the African Union Commission (AUC) Headquarters in Addis Ababa. During the next three days, Member States will consider the post launch preparatory issues and essential process issues and technical documents that will enable the efficient conduct of the negotiations. The Meeting will consider and adopt the Rules of Procedure for the CFTA Negotiating Forum.

The 25th Ordinary Session of the Assembly of Heads of State and Government of the African Union, which was held in Johannesburg, South Africa in June 2015, launched the negotiations for the establishment of the Continental Free Trade Area (CFTA). The launch of the negotiations marked a major milestone in the implementation of the Summit decision to establish a continental free trade area by the Indicative date of 2017.

In her statement, the Commissioner for Trade and Industry, H.E. Mrs. Fatima Haram Acyl reminded participants how critical it is to deliver the CFTA by 2017. “Why is this important? Because the whole world is watching and waiting.  And Africa must prove to itself and the whole world that it can agree internally on solutions towards its own development. We must strive to deliver the CFTA by 2017, and the Rules of Procedure that we will be considering and adopting in this session will be highly consequential in this regard”, she echoed.

According to the Commissioner, negotiating a free trade area among such various Member States will require enormous amounts of energy, effort, and persistence. At the same time, Commissioner Acyl also acknowledged that diversity is Africa’s strength, that’s why she urged the participants to work as a team in a spirit of tolerance. “With a collective spirit of “Together as one Africa”, where disagreements are tolerated and differences of opinion are encouraged, we can and will prevail.  With your commitment, the establishment of an African Continental Free Trade Area (CFTA) can and will become a reality”, she concluded.

The role of the African Union Commission in the negotiations is to provide and coordinate technical and administrative support to the Member States and REC’s. The AUC also serves as the Secretariat to the CFTA Negotiating Forum. In playing its support and harmonization role, the AUC closely collaborates with the RECs, the UN Economic Commission for Africa (UNECA) and the African Development Bank (AfDB) who are members of the Continental Task Force on the CFTA which operates at the level of Chief Executive Officers and at the Technical level.

African Union Commission

 

 

More News

 

 



AU needs active participation to advance Africa13/10/2017
article thumbnail

AU needs active participation to advance Africa 10 October 2017 The African Union (AU) needs solid support from its member states and organs to help the continent achieve political and economic inte [ ... ]


South Africa and Algeria strengthen foundation for trade links12/10/2017
article thumbnail

South Africa and Algeria strengthen foundation for trade links 6 October 2017 South Africa and Algeria are working towards building lasting economic partnerships. Addressing a business forum that w [ ... ]


African Union and Germany agree on further cooperation12/10/2017
article thumbnail

African Union and Germany agree on further cooperation Addis Ababa, 5 October 2017 The annual bilateral consultations on the development Cooperation between the African Union (AU) and Government of  [ ... ]


Building Bridges between Europe and Asia: Dr Kiril Avramov 12/10/2017
article thumbnail

Building Bridges between Europe and Asia: Dr Kiril Avramov   2017-10-12 The New Bulgarian University (NBU) is one of Bulgaria’s top-ranked universities at the heart of Bulgaria’s capital, S [ ... ]



 

 


 
 
 
 
 
 
 
 
_________________________________________________

September 2017 Edition

 
 
_________________________________________________

Translater


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Progress made in Libya talks 12 September 2017 President Jacob Zuma has commended the progress made towards the resolution of conflict in Libya. The President was on a working visit to Brazzaville... <|> Egypt Candidate for UNESCO 12 September 2017 Egypt Special Envoy has started an African tour to convey the Egyptian government's thanks for the African countries support to Minister Moshera Khattab... <|> Iran-South Africa cooperation promote global peace 12 September 2017 Iranian President Hassan Rouhani says cooperation between Iran and South Africa can play a prominent role in promoting peace... <|> Easing travel regulations between South Africa and Kenya 3 May 2016 South Africa and Kenya have announced measures that will make travelling between the two countries easier. South African Home... <|> South Africa and Vietnam accelerate trade 12 September 2017 South Africa and Vietnam have agreed to fast track trade relations. This emerged during SA Minister of International Relations and... <|> BRICS: Stronger Partnership for a Brighter Future 12 September 2017 The 9th BRICS Summit was successfully held in Xiamen, China from 3 to 5 September 2017. Chinese President Xi Jinping chaired the... <|> Seeking trade opportunities in Russia 11 September 2017 Local companies have been urged to look for trade opportunities in the Russian market. Minister Plenipotentiary at the South Africa Embassy... <|> Seeking study opportunities 14 September 2017 A delegation from China recently visited the Pearson Institute for Higher Education in Ashlea Gardens Pretoria, to talk about study opportunities for... <|> Celebration of the National Day of Brazil 14 September 2017 The Embassy of Brazil in Pretoria held a reception in celebration of Brazil’s National Day on September 7th. The event was attended by... <|> 17th Annual Regional Seminar on International Humanitarian Law 14 September 2017 The Department of International Relations and Cooperation (DIRCO) and the International Committee of the Red Cross... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.